ChartingFx

EURUSD Head and Shoulders Pattern

FX:EURUSD   Euro / U.S. Dollar
EURUSD forms head and shoulders pattern on daily chart. This is an interesting pattern for traders to trade. But a problem is most of the traders trigger the trade before neckline break. This should be keep on mind that H&S pattern become valid after neckline break. If the neckline break we can go short and target 1.1250

Happy Trading...!

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.