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josjong

HS trade on EURUSD Long

Long
Euro / U.S. Dollar (FX:EURUSD)  
josjong Updated   
FX:EURUSD   Euro / U.S. Dollar
Chart Patterns hs head_and_shoulder
6
0
chartpattern hs head_and_shoulder
Trade on the EURUSD just crossed the neckline and is now a valid head and shoulders trade. The first entry is, well, NOW. Second entry is after the retracement back into the neckline.
TP 1 and TP 2 are the same and showing on the chart.
Happy trading!
Comment:
Retracement just started, I’m waiting for it to come back down into recent structure
Comment:
As expected a retracement into structure, second entry around 6.18 fib. And possible entry if I missed the first entry ;-)
Comment:
6.18 fib, my second entry is valid!
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