Gold H&S Short - 50 Pips / 2.7 RR
Price has approached resistance exhibiting a slight rejection before making a bearish move away and re-consolidation.
The two consolidations either side of apex is reminiscent of a head-and-shoulders pattern.
A short into old support yields ~50 pips and ~2.7 RR.
The two consolidations either side of apex is reminiscent of a head-and-shoulders pattern.
A short into old support yields ~50 pips and ~2.7 RR.