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munyaelliott

Head and Shoulders Pattern on the EUR/USD on 4HR Timeframe

Short
Euro / U.S. Dollar (FX:EURUSD)  
munyaelliott  
FX:EURUSD   Euro / U.S. Dollar
Trend Analysis Chart Patterns
6
0
trendanalysis chartpattern
I believe a head and shoulders pattern is building up on the EUR/USD currency pair on the 4HR time frame. My advice is to SELL, with your Take-Profit at 1.17146 and your Stop Loss at 1.17763. The MACD indicator also confirms a SELL. Watch out for the right shoulder as well. Follow me for more free signals
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