Jthomastrading

EUR/USD PART 2 TREND ANALYSIS

OANDA:EURUSD   Euro / U.S. Dollar
Now we have to go down to the 1 hour timeframe we are able to see a head and shoulders pattern (BLUE BOX). coming out of this it forms an ascending trend line with multiple touches. It then breaks through the resistance and uses it as a support! When I done the original analysis it was just above the resistance! Please share
Comment: Forgot to mention, to this analysis concludes we are in a bullish market and would buy