This Head and Shoulders pattern has brought me quite a lot of suffering this week. I am still not very sure about the direction, but I guess it will go up. Maybe it is better to wait a day or two. Bears do not look too confident in selling. It took more time to drive the price down to the last low than it took for the previous one. That is quite common. Of course everything is possible. If there is very strong selling below 0.8150 then there is no support anywhere near. At 0.835 I would consider going long with potential targets at 0.85 and even 0.87 Other currency pairs also show some possibility to reverse the correction.
الترجمة الى الانجليزية اظهار الاصلي