Horse Shoe Break Pattern | Live Forex Trade | AUDCAD | 4 Hour Chart



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Comments

  1. Apology - I accidentally muted my last comment where I asked about an inverted Horse Shoe Pattern. Did appreciate your answer. Have tried to take a screen shot of what I mean and include it in this comment but hasn't worked. By inverted Horse Shoe I just mean that the Horse Shoe is upside down and price has broken out on the upside instead of the downside. If you look at GBPUSD on the 4 hour chart to me it looks like a large Horse Shoe pattern and a few weeks ago price broke a support bounce at 1.4018. So I was asking if you look for the Horse Shoe pattern with price breaking to the upside as well as the downside and if you do if you notice any difference in how this trade tends to play out. Thank you, Michele
  2. Do you trade an inverted Horse Shoe Break? If so, do you find it works the same way or are there other things you need to keep in mind? Thank you, Michele


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