EURUSD- 08Dec2021
On the H4 timeframe, inverse h&s was invalidated after prices broke below the neckline and bounced higher. From the past few days price action, it looks like institutional distribution is taking place.
This would mean that EURUSD could be bouncing up higher.
This is for personal record purposes only, not financial advise or solicitation of trade.
On the H4 timeframe, inverse h&s was invalidated after prices broke below the neckline and bounced higher. From the past few days price action, it looks like institutional distribution is taking place.
This would mean that EURUSD could be bouncing up higher.
This is for personal record purposes only, not financial advise or solicitation of trade.
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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.