The inverse head-and-shoulders pattern on H4 chart of EUR/USD offers a bullish breakout trading setup. The pattern's borders are shown in the yellow lines. Potential entry is at the cyan line. Potential take-profit is at the green line. Stop-loss is to be set at the low of the breakout bar (not shown on the chart).
Trade active:
Long trade entered today at 14:23 UTC at 1.16602 with SL=1.15993 and TP=1.19549.
Trade closed: stop reached:
SL hit today as of 15:41 UTC.
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