OptimoomFX

EurUsd- the H&S will not pay off IMO

Short
FX:EURUSD   Euro / U.S. Dollar
First of all, this is not an H&S from my point of view. Reliable h&ses happened after long periods of trends, is nor the case now
Yesterday we have what it seems like a false break of the neckline and eurusd remains in a strong sell zone
IMO the rise from 1.1950 is just a complex correction and a drop under 1.2130 would expose 1.1950 at least
That being said, I will sell rallies around 1.22 with a stop above yesterday's high
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Comments

well done i am bearish too
+2 Reply
OptimoomFX MMBTtrader
@MMBTtrader, yeah...is pretty bearish
Glad you share my opinion
Reply
Hi bro! the support is broken! what is your view now?
+1 Reply
OptimoomFX ProSignalsFx
@ProSignalsFx, down to 1.1950 at least
Reply
Thank you for such a detailed analysis!
+1 Reply
OptimoomFX MattFrederick
@MattFrederick, thanks for comm
Reply
Hi Optimoom,
Great analysis as always, caught my eye.
Here's my view I'd love to share with you, it's about newly-formed resistance:
I hope you don't mind me sharing and I'd appreciate your opinion.
Cheers,
-Dale
+1 Reply
OptimoomFX Trader_Dale
@Trader_Dale, no, my friend
Share at every post, is much apracieteded
I read you too and really like:)
Reply
fantastic ;)
+1 Reply
OptimoomFX T_V_TreeTrader
@T_V_TreeTrader, thanks
Reply
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