Head and shoulders pattern formation at major resistance on EU houly chart
Targeting the recent support at 1.19150
Despite the fact that the price could still move further down
Entry at the first bearish candle stick of the right shoulder
Or retest after the break of the neckline
Stop loss above the right shoulder or above the head depending on your risk tolerance
Targeting the recent support at 1.19150
Despite the fact that the price could still move further down
Entry at the first bearish candle stick of the right shoulder
Or retest after the break of the neckline
Stop loss above the right shoulder or above the head depending on your risk tolerance