EURUSD Weekly and Daily Timeframe analysis (H&S) 31/01/2021
here we have two scenarios a bullish and a bearish
on the daily time frame i feel we are recognizing a head and shoulder pattern which is the sign of bearish move
and we are facing a support zone
as we had seen divergences on the higher time frames i am a bit bearish on it
DAX also seems to be Bullish
i am linking all the past ideas for revision purpose and proof of confluences
what do you think?
bullish or bearish?
on the daily time frame i feel we are recognizing a head and shoulder pattern which is the sign of bearish move
and we are facing a support zone
as we had seen divergences on the higher time frames i am a bit bearish on it
DAX also seems to be Bullish
i am linking all the past ideas for revision purpose and proof of confluences
what do you think?
bullish or bearish?
Trade active:
HEAD and shoulder got completed
Trade closed: target reached
