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yashp1
Sep 12, 2016 11:22 AM

EUR/USD head and shoulders pattern. (SHORT) Short

Euro Fx/U.S. DollarFXCM

Description

EUR/USD can form a head and shoulders pattern on the daily chart, and macd shows momentum going lower. This is a sing trade which should last a week or two.

entered short at 1.1225
sl at 1.1287
tp at 1.0984

if the price reaches 1.1145 I will bring my stop to break even.

Trade closed: target reached

take profit order was triggered, profit of 240 pips
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