ES Journal Archive (2009 - 2010)

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Key formation in EURUSD.

If the HS neckline break, the double bottom is invalidated and ES can easily go back to 780.

But that is longer term formation and may take several days to resolve.
 
Quote from Lawrence Chan:

Key formation in EURUSD.

If the HS neckline break, the double bottom is invalidated and ES can easily go back to 780.

But that is longer term formation and may take several days to resolve.

Ooops ... testing neckline already.
 
Quote from Lawrence Chan:

Ooops ... testing neckline already.

Which H&S are you referring to? I see a huge one on the 60min chart forming since 03/30. Neckline would be where you see the DB, ie 1.31-1.3145.
 
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