EURUSD pair seems it is formed a massive H&S pattern
And after the ECB rate decision If neckline breakout happens, we will see bearish continuation
And while the closest target is the horizontal support below
The scale of the pattern implies that the price might go much lower
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And after the ECB rate decision If neckline breakout happens, we will see bearish continuation
And while the closest target is the horizontal support below
The scale of the pattern implies that the price might go much lower
Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.