Having broken above 2 month consolidation pattern its time to look for buy opportunities. This head and shoulders on the 15 min chart may be our buy in point. The RSI and MACD show divergence on this time frame which makes me think this pattern could come good.
The SHS measure take us to just below 1.1500
The S/L at 1.1450 allows enough room for institutional stop hunting to take place without knocking our trade out.
The SHS measure take us to just below 1.1500
The S/L at 1.1450 allows enough room for institutional stop hunting to take place without knocking our trade out.