TradingView
BitonGroup
Jan 31, 2021 12:45 AM

EURUSD Weekly and Daily Timeframe analysis (H&S) 31/01/2021 

Euro Fx/U.S. DollarFXCM

Description

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?

Trade active

HEAD and shoulder got completed

Trade closed: target reached

Comments
Dave-FX-Hunter
Thank you so much
BitonGroup
MMBTtrader
well done nice work bro
BitonGroup
@MMBTtrader, thanks dear
More