Razvan

EURUSD - Head and Shoulders Inverted or...?

FX:EURUSD   Euro Fx/U.S. Dollar
584 13 6
Pretty interesting situation we have here. Before the ECB monetary policy and press conference, the EURUSD             has consolidated in something that looks to be an Inverted Head and Shoulders , but could also be transformed into a Symmetrical Triangle.
What do you think it is more probable?
berkek PRO
3 years ago
Symetrical Triangle. EUR is bearish
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Razvan berkek
3 years ago
A continuation of the trend!
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isomorph
3 years ago
3240/60 because we are at solid SPPT on daily/H4.
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Razvan isomorph
3 years ago
And after..up or down?
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isomorph Razvan
3 years ago
after that only god knows! ;D if RSST gets totally obliterated or drops like a stone, i don't know, we'll have to see from the price action on the chart.
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Razvan isomorph
3 years ago
Nice answer :), let's see if it reaches 1.3260, then!
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Deus
3 years ago
H&S and then new high

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Razvan Deus
3 years ago
this way the 1.32 - 1.34 range will continue!
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osci
3 years ago
tnx for this interesting view. EURUSD, USDJPY, cable, USDCHF and AUD seem to stand before the big correction. EURUSD shortterm can rise but middle to long term i see it on its way down.
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Razvan osci
3 years ago
It seems that the false breakout was made and now is on its way down...let's see if a breakout will occur.
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Razvan
3 years ago
snapshot
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