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enkuye91
Aug 4, 2015 12:35 PM

Still a long bias on EURUSD despite recent bearish movement  Long

FX:EURUSD1D
Euro Fx/U.S. DollarFXCM

Description

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  • Bullish head and shoulders forming (just waiting for the right shoulder to fully form at this point)
  • Bounce off support at 1.0800
  • 3rd TL touch also at 1.0800
  • Still closing above support at 1.0920
  • Daily inside bar yesterday


Stops at 1.0885
TP at 1.1400 (but could possibly break through resistance)
Head and ShouldersBullish PatternsLONGUSD (US Dollar)buy
Comments
mways
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three red soilders from support line, bullish. agree with you. but i think it will have a adjust before going up. around 50 pips;
enkuye91
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The bullish H&S was invalid



This chart better represented where price could go. All looks good so far.
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