sgarciafx

EURUSD SHORT & LONG idea

FX:EURUSD   Euro / U.S. Dollar
9
1.04500 has been holding firm as support since Jan 11th of this new year. The head of the Head&Shoulder structure I have outlined came a few pips shy of this level before price continued upward. I'm expecting a short rally into a prior supply zone/trendline area in which I will then look to short for a possible right shoulder formation. I will then look for a buy signal at the trendline/base of the possible head formed.

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