FAILED BREAKOUT OF BEARISH TREND; LOOK TO SHORT IF PRICE DROPS BELOW 1.17250
HOLD FOR POTENTIAL COMPLETION OF H&S PATTERN
SL #: SL PRICE (IF PRICE FALLS BELLOW)
SL 1: 1.17300 (1.17250)
SL 2: 1.16890 (1.16740)
SL 3: 1.16300 (1.16200)
SL 4: 1.16075 (1.15800)
SL 5: 1.15615 (1.15515)
TP 1: 1.05000
IF PRICE RISES ABOVE 1.17550, WAIT FOR BEARISH SIGNAL (MOST LIKELY @ 1.18500)
HOLD FOR POTENTIAL COMPLETION OF H&S PATTERN
SL #: SL PRICE (IF PRICE FALLS BELLOW)
SL 1: 1.17300 (1.17250)
SL 2: 1.16890 (1.16740)
SL 3: 1.16300 (1.16200)
SL 4: 1.16075 (1.15800)
SL 5: 1.15615 (1.15515)
TP 1: 1.05000
IF PRICE RISES ABOVE 1.17550, WAIT FOR BEARISH SIGNAL (MOST LIKELY @ 1.18500)
Trade closed: stop reached:
Stop hit at 1.16300
Comment:
EURUSD - potential bullish H&S in the works.