glorioustrades

EUR/USD Alert!!!

Short
FX:EURUSD   Euro / U.S. Dollar
EUR/USD has formed a Heads ~n~ Shoulders pattern but has yet to complete its right shoulder or break neckline. Technical analysis indicates a bearish move to the downside. At the time of this writing, a doji has formed @ resistance signaling bearish pressure is forming. If this doji candle holds its form and characteristics today, look for a possible short on the EUR with the first target at the neckline on the Heads ~n~ Shoulders pattern.

~Happy Trading~
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.