[EURUSD] OUR DAILY ANALYSIS

Good morning Traders!
If we look at our daily analysis, we see some bullish pattern completed (Head and Shoulders and ABCD, for example). Of course, this does not mean that the pair could not extend the movement, but technically speaking, the area shown in our previous analysis (see below) could be an interesting opportunity to take short position on intraday rally.
Many traders consider important entry level and potential targets, but we are much more interested in "where to place the stop loss". With that in mind, if we decide to take short position, we do not want to see a daily close above high around 1.13 , and if it happens, we will close our short position.

Last week we published our setup, so just follow it for this week:
(Click and Play)

Head and Shoulders in development:

POTENTIAL BEARISH TARGET:

- TARGET 1: 1.1060
- TARGET 2: 1.0930

...Thank you for your support and trade with care!


SOME OUR OLD ANALYSIS ABOUT EURUSD:
(Click and Play on Charts)