StateraTrading

EURUSD 4HR HEAD and SHOULDERS

Long
FX:EURUSD   Euro / Dollar Américain
Nice head and shoulders pattern forming on the euro dollar, rsi is coming into oversold on the point of right shoulder, if your an aggressive trader enter on this point with a tight stop, also the right shoulders point falls perfectly into daily structure, hopefully bulls have enough power to break through the bearish trend line, if we see this then a simple retracement to the neckline of head and shoulder or the trend line will be an opportunity to go long. quite a lot of high impact news next week on both euro and the dollar so will have to keep an eye, the market could possible retrace from the structure back to trend line and crumble or break through and close above confirming long opportunities giving its not a false break.
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.