In our last analysis we were expecting EURUSD to approach the right shoulder. We are now very near to entry and the confirmation of the head and shoulder pattern.
Watch for bearish price action near the right shoulder and a break of the ascending trendline on the smaller timeframe.
Entry:
Break of ascending trendline
Stoploss placement: above recent high
See links below for more information and smaller timeframe analysis.
Goodluck and trade safe!
Watch for bearish price action near the right shoulder and a break of the ascending trendline on the smaller timeframe.
Entry:
Break of ascending trendline
Stoploss placement: above recent high
See links below for more information and smaller timeframe analysis.
Goodluck and trade safe!
Note
Update 
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Want more chart ups like this? Click the links below:
Free Telegram: t.me/Wicktator
Forex VIP: t.me/WicktatatorVIP_bot
Free Telegram: t.me/Wicktator
Forex VIP: t.me/WicktatatorVIP_bot
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.