Maveric12
Short

End of head and shoulders pattern

OANDA:EURUSD   Euro / U.S. Dollar
Hello everyone, It looks like we are coming up against some resistance at the end of a head and shoulders pattern. I believe price will return to the lows from the middle of August. Although RSI is not above the 70 level, market bias appears to be short. Enter at 1.1748 Stop 1.18675 Target 1.1386 respectively.
Sep 25
Trade active: Entered short at 1.17663 stop is at 1.1862 target is 1.1404
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