UnknownUnicorn7363578

US30 H&S Pattern

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OANDA:US30USD   US Wall St 30
On the 4HR timeframe you can clearly see a head & shoulder pattern. Before entering the trade i advice waiting till the imprortant resistance is broken and retested and will hold. The green bar is a important level. But i am currently waiting with a bullish bias. When the break happens, i'll wait for a clear retest and rejection. When that happens i'll enter. Also on the COT report (Commitment of Traders) i can see a clear shift from more sellers to more buyers! So lets wait till the market grabs some liquidity and shoots up!
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