Obviously being weekly charts we need to wait for the weekly close and in the case of the SHS a retest and failure to qualify as a strong pattern that can be traded.
Wednesday, 23 May 2012
Kiwi
Weekly Kiwi presents with a large SHS formation with a measured move somewhere in the region of 0.6000. The current 1:1 pattern would complete near the 0.7050 zone.
Obviously being weekly charts we need to wait for the weekly close and in the case of the SHS a retest and failure to qualify as a strong pattern that can be traded.
Obviously being weekly charts we need to wait for the weekly close and in the case of the SHS a retest and failure to qualify as a strong pattern that can be traded.
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