Euro / U.S. Dollar
Short

DeGRAM | EURUSD head-and-shoulders

665
EURUSD created a head-and-shoulder pattern. It broke and closed below the neckline.

The market created a structure for selling opportunities in the desceneding channel.

We expect the price to move down to make a deeper retracement at the fibo extension level.



-------------------

Share your opinion in the comments and support the idea with like. Thanks for your support!

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.