jan80hansen

EURUSD Head and Shoulders..But no clear neckline

Long
jan80hansen Mis à jour   
FX:EURUSD   Euro / Dollar Américain
There is an evident head and shoulder formation. But there is no clear neckline. Price is just continuously squeezing down at the current time. Usually, this calls for a reversal, and look for a bullish short term entry above the white line.
Take a look at my other related ideas as well.
You can clearly see it is a very bullish underlying structure here on the daily chart.
So I would be cautious in shorting further at this level.
Commentaire:
Forgot to mention I will Update when there is a more clear entry long. So follow up later:)
Transaction en cours:
Stop 1.1224
Commentaire:
Target 1.1350

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.