This is my updated view on EURUSD in 4-HOUR CHART. Price seems to be forming an inverted head and shoulders pattern, with the right shoulder completing at around 1.1500.
On 1-hour chart, it also broke a short term bullish channel. Waiting for a corrective price action before entering a sell.
Entry, SL and TP will be in the update section, for now it is best to stay out.
Feel free to comment and give a like!
On 1-hour chart, it also broke a short term bullish channel. Waiting for a corrective price action before entering a sell.
Entry, SL and TP will be in the update section, for now it is best to stay out.
Feel free to comment and give a like!
Comment:
+100 pips profit!
Entry: 1.1730-1.1740
Stop loss: 1.1780
Take profit: 1.1636, 1.1590, 1.1520