The 5%ers' Blog

Head & Shoulders 4H Chart USDCAD 03/12/2018

December 3, 2018 | 11:24 am | The 5%ers' Blog
December 3, 2018 | 11:24 am
The 5%ers' Blog

As we can see on the 4H chart, there is a potential that the price will create a Head & Shoulders pattern, If my prediction that I marked on the chart will come true, we will see the Head & Shoulders pattern up there, the reason I’ll sell at the supply above is not the pattern, I’ll sell at this supply because it’s a level with unfilled orders waiting there for the price To come back, Also, this supply has changed the bullish momentum to bearish, this supply created after this week starts with a GAP at the price, I’ll sell high and buy low, meaning, I’ll sell at the supply and my target will be the demand below.

The5ers – The Best Funding Program For Forex Traders

The5ers Tradingview Channel

Share:

WE FUND FOREX TRADERS!

The5%ers let you trade the company’s capital, You get to take 50% of the profit, we cover the losses. Get your trading evaluated and become a Forex funded account trader.

Get Your Forex Funded Trading Account

we look for forex trader to fund

Leaving so soon?

Don't miss our Weekly Forex Analysis and trading ideas!

sign up for our newsletter



Your message is underway!

You will be hearing from us shortly