dimanche 15 mars 2015

Profiting from simple classical chart patterns

Each Sunday I will post a few classical chart patterns that appeared here and there on the 30 minute charts during the week (from Sunday to Friday).



The goal of this thread is to show that traders could profit from these very simple chart formations and to remind them that trading does not have to be complicated. Please feel free to post your own charts but kindly keep the chit chat to a minimum.



Let's get started.



Here is a magnificent head and shoulders formation that appearead on the GBP/CHF. Notice the nice pullback to the neckline (a good low risk entry point for a short position).




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Profiting from simple classical chart patterns

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