donaitelo

EURUSD - Head and shoulders with massive risk - reward ratio

Short
FX:EURUSD   Euro / U.S. Dollar
EURUSD has been in bullish trend for some time now and we see perfect pattern of Head and Shoulders at the end of the bulltrend, so a reverse is expected. We have broken a few times the neckline, but went right back through it, which is called whipsaw, made only to trigger orders and stoplosses. Execute a sell order with small lot and put the stoploss at the high of the right shoulder.
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