swingtradingthemarkets

EURUSD Inverse Head & Shoulder Setup for the bounce

Long
FX:EURUSD   Euro / U.S. Dollar
EURUSD Currently @1.3520 inside a wedge and developing an Inverse Head & Shoulders.

Waiting for a bounce of at least 20-30 pips from the current levels to the 1.3540-60.
Take in consideration we have a past support of 1.3475-85 level, so place your trend lines and take the break (counter trend) once we get the move to the upside.

Get your entry by going to the 60 min chart – and confirmation out of the 10-min. Always trade with price action and never trade without stops.

See more at www.forextradingzones.com

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.