karndam

EURUSD - Head and Shoulder?

Short
FX:EURUSD   Euro / U.S. Dollar
on Friday i sell but TP in 15-min chart

For a daily chart, it will continue to go down.
If it a head and shoulder pattern. it will go down to LOW with 1.0950
and it confluence with fibo projection 1.618 with wave 3 TP

But now it stop at the support line of 4H chart so waiting it to confirm because it may go up for reversal.

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.