Tag Archives: Head and shoulder formation

Double in a Day Trade EURGBP 1 February 2017 Break of support

Double in a Day Trade EURGBP 1 February 2017 Break of support This trade started as a break of minor support when 4 candle bodies created a level of support. The entry was on the break of support and the transaction turned into a head and shoulder break. This  gave it the momentum to reach the target over 100 pips away.