EURUSD head and shoulders (sell signal)

FX:EURUSD   Euro / U.S. Dollar
As mentioned in the previous trade idea, the Euro is looking weak across all pairs.

I'll be waiting for the neckline to break before getting into a trade. Flat necklines do not perform as well, but nevertheless will still take the trade.

Should the neckline break, I intend to hold this as a long term trade. Partial profit can be taken at 1.138.

Keep it simple.

Please give this trade idea a THUMBS UP and I will keep you updated!

Disclaimer: This is only my opinion, make of it what you wish. It is not financial advice.

Order cancelled: No valid trade setup, pattern did not eventuate.
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