EURUSD possible rebound from lows
PAIR IN FOCUS: EURUSD
ACTION: LONG
Price has formed an inverse H&S pattern which is a reversal pattern to the upside. Observe for a retest of the neckline OR the nearest support/resistance level, and also for BULLISH action before any entry.
Educational purpose: The probability of success is higher for a H&S pattern at the peak of a bull wave. Vice versa, the probability of success is higher for an inverse H&S pattern that occurs at lows (i.e. lower bound of a falling wedge).
The TP Zone and Stop loss have been indicated on the chart.
ACTION: LONG
Price has formed an inverse H&S pattern which is a reversal pattern to the upside. Observe for a retest of the neckline OR the nearest support/resistance level, and also for BULLISH action before any entry.
Educational purpose: The probability of success is higher for a H&S pattern at the peak of a bull wave. Vice versa, the probability of success is higher for an inverse H&S pattern that occurs at lows (i.e. lower bound of a falling wedge).
The TP Zone and Stop loss have been indicated on the chart.
Trade fermée: cible de profit atteinte
TP Zone reached! Price bounced off the nearest support/resistance and shot into the TP zone earlier than expected.
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.
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.