EURUSD weekly outlook channel up already broke at EURUSD after perform Head and shoulders pattern with new high. right now, there still no clear pattern. But calculating from equilibrium channel, short entry around 1.1828 with target at CSR 1.1679, with maximum target at 1.1539 If 1.1900 break up, bullish will continue
Pending order : Short 1.1828 Stoploss above 1.1900 (or use money management rules) Takeprofit 1 : 1.1679 (148 pips) Take profit 2 : 1.15539 (289 pips)
Disclaimer : This analysis not include personal feeling/opinion, and pure base on technical analysis Trading foreign currencies can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose.
please inform me with post a comment if it reach some critical point/break pattern, reach target/reach stop level. or if there is any question about this analysis/need new update. Because im not monitoring this chart all time.
Trade closed: target reached
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bearish reach+140pip, bullish reach+140 pip, analysis close. see u next analysis ^^