Head and Shoulders watch

Bigbusiness

Experienced member
I see lots of these after the event but thought I would start watching them in action. So here is the Reuters daily chart. First target £1.80p with a stop above the right shoulder. If anyone else has spotted a good one, please report it here ;)
 

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dsmodi

Established member
s'alright to get flooded if at the end your "HEAD AND SHOULDERS" r above water.... lol...arf arf...
 

dsmodi

Established member
hmmm - ops, worst part of all this is I don't drink... so I can't even blame above on drink..... :)
 

options

Senior member
You mean when you wake up, that's the best your going to feel all day? :LOL: :LOL: :LOL:

Sorry. better stop before BB accuses us of hijacking his board.
 

cotton

Junior member
I agree with what your saying now the support level 1 is broken.
Be careful at 200p as that is the next level 2.
180p is good,
A stronger indication will be if the support level 1 was broken twice
Hard to find

Cotton
 

Bigbusiness

Experienced member
There do seem to be a lot of them about at the moment. Here is 3i.
 

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Nice h&s on BNHNA, although it looks too late to go long. And it's just hit its head on the 38% fibonacci.
 

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