Ryan_lopes

HEAD AND SHOULDER IN EURUSD

FX:EURUSD   Euro / U.S. Dollar
Hello, my fellow traders, hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you.

Let’s get into the analysis.    
As we can see, the price has made a head and shoulder pattern. One can take a sell trade, ONLY if the price breaks the neck line support.

Let us know your views on this in the comment section. Thank you all.    

There is good news for our followers. We will be analyzing on-demand. So, let us know which pair you want our analysis on and we will get it for you. Do like and follow us.    

 Ryan.R..Lopes

Comments

Great analysis, I'm on both sides of the fence on this once, but I do agree with your bias, here mine
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Ryan_lopes forexwithfred
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Thanks for the help
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Ryan_lopes NusratJahan
@NusratJahan, welcome
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A further move to the down side is very probable, perhaps to the previous support level. I like the fact that you advice we enter the trade after a close below the neckline, that's a good trading decision. Thumbs up
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Ryan_lopes Jasper488
@Jasper488, hey, thanks a lot buddy
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GBPJPY H4/H1 TF
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Ryan_lopes joezhoks
@joezhoks, its at its trendline support
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