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Euro / U.S. Dollar
Long
Updated

trading plan for eurusd:head and shoulders pattern and structure

1 284
snapshot


hey guys,

euro usd is approaching a significant level of support.
as the market reached the low, we see a formation of an inverted head and shoulders pattern
+RSI divergence.

our plan for this pair today is to wait for the completion of a right shoulder
and buy the market after a bullish breakout of a neckline with the targets based on structure!

good luck!
Note
right shoulder is completed
Note
the market is going to retest the neckline
Note
bullish breakout
VasilyTrader
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Also on:
Chart PatternsRelative Strength Index (RSI)signalsstructureTrend AnalysisWave Analysis

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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.
Chart PatternsRelative Strength Index (RSI)signalsstructureTrend AnalysisWave Analysis
VasilyTrader
✅Join My Telegram Channel: t.me/VasilyTrading

❗️YouTube Channel youtube.com/c/VasilyTrader

✅ Facebook: facebook.com/VasilyTrading/

⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
Also on:

Related publications

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.