The pattern has been created in H4 and there is a negative regular divergence between the left shoulder and the head.
On the other hand, the histogram bars of are still in the phase.
Since the reversal pattern is created, IF the neckline broken out to the downside, I expect a downside move for the price to touch the .
IF price fell to the and there was any upside push, then we might see the pressure and growth in price.
I’m on the side on EURUSD for now. Let’s see what is the reaction of the price to the in the next few days!
What is your opinion? Feel free to share your ideas in the comments with me!
15 pip short. Which is what i did. Assuming this chart is this morning's. And clean up I did. Gets to be a habit. Annoying but true.