EURUSD sell@1.10973
SL@1.11355
TP@1.10175
Pretty straightforward classical H&S completion and neckline retest, following the overall 4H macro bearish trend of the past two years.
If we nail the entry and it goes down with conviction, the take profit could be extended, upt o 2019 lows. If not, we'll move onto the next one.
SL@1.11355
TP@1.10175
Pretty straightforward classical H&S completion and neckline retest, following the overall 4H macro bearish trend of the past two years.
If we nail the entry and it goes down with conviction, the take profit could be extended, upt o 2019 lows. If not, we'll move onto the next one.
Trade closed: target reached:
TP target has been reached
With a little help form the ECB, the price is moving accordingly.
It being a decisive movement, we can now protect the trade form any potential losses and let the price go, since it still looks very bearish.
Take profit could even be extended down to ~1.1 area. We'll see.