H&S Pattern has emerged on the Netherlands 25

Pretty self explanatory, TP spot has been identified as the distance from the top of the head of the pattern to the base.

Inflation worries might be causing concern that the governments will be increasing interest rates to tackle which would obviously mean that the markets would react negatively.

Would only buy on the break of the base with a retest that confirms the structure.

Trade aktif:

It has broken out of the base. I except a retest of the base soon before continuing downwards.

Trading ditutup: target tercapai:

This ran as perfectly as we predicted