As many other EUR pairs, EURUSD is standing on strong horizontal support.
To catch a pullback from the underlined area, watch a potential inverted h&s pattern on 1H.
1.1767 is its neckline.
Wait for its bullish breakout (1h candle close above) as a signal to buy.
First goal will be 1.18
In case of a bearish violation of the yellow zone,
setup will be invalid.
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Note
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✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
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.