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Chimbarosa

EURUSD seems the market has decided...

Short
Euro / U.S. Dollar (OANDA:EURUSD)  
Chimbarosa Updated   
OANDA:EURUSD   Euro / U.S. Dollar
Head and Shoulders
1
0
headandshoulders
...H&S. We moved below the support line. I stay short until the ECB shows any signal to move away from QE & to adjust interest rates. The indicated S&R zones are good entry points or exit points in order to trade any legs.

This is not an Investment advise this is just my personal opinion.
Trade active
Comment:
Nice move so far… Keep in mind, this is just the big picture and I trade the different level separately. So pls. take some profit at the different indicated zones and expect some pulbacks. e.g. 1.1320 is a good level to take some profit. If the pullback occurs rebuy at the upper zone and sell partially again at the lower zone. I am not going to update each pullback just the final TP. Please perceive this trading idea more like an kick-off/call for short idea. Anyway, you will find hundreds of similiar ideas from other traders indicating more or less the same zone/same TP.
Comment:
As written above, pullback was triggered exactly a the lower end of the PRZ. Cheers...
Comment:
Retest of the neckline and short again...
Comment:
Important threshold 1.15
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