a head and shoulders pattern is forming on the EURUSD chart

If there is a head and shoulders pattern forming on the EURUSD chart and there is also a bearish divergence in the relative strength index (RSI), it may be a good idea to consider selling the EURUSD forex pair and setting a take profit order at 1.06160.

To sell the EURUSD pair, you can place a sell order with your forex broker. You may also want to set a stop loss order to limit your potential losses in case the market moves against you. The take profit order will automatically close your position when the market reaches the level of 1.06160, allowing you to lock in your profit.