EURUSD / Daily / Head & Shoulder BO

FX:EURUSD   Euro / U.S. Dollar

EURUSD has been consolidating above Daily Support and formed a Head & Shoulder Pattern. Currently the market had just broke out the neckline and building up momentum for another downward breakdown. We currently set our target at previously low for more than 1:1 RRR .
Thank you for providing this. I agree that it appears its building up momentum for another downward breakdown which will provide some decent gains but I also think being conservative with the stop loss is a good idea.
gorestreet.hk xoibsurferx
@xoibsurferx, How conservative are you talking about? Can you explain a bit more?
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