Head and Shoulders Coming Short

Euro Fx/U.S. DollarFXCM

Description

⋅ Aug 23, 2018 2:18 PM

The uptrend of EURUSD is showing weakness, as lower low was made and the Head and Shoulders Pattern is almost completed. The main uptrend line are below the neck line and could act as support.

Trade active

⋅ Aug 23, 2018 6:30 PM

Trade closed: stop reached

⋅ Aug 24, 2018 11:42 AM

Trend Lines Head and Shoulders

Comments

thuymoon

⋅ Aug 23, 2018 5:51 PM

U think EU can go down 147x today??
Eu at 154x now

renanc93

⋅ Aug 23, 2018 6:30 PM

@thuymoon, I think the pair will start to fall now but how long it will take until the target can vary.