Get started
samsaham

Double Head and Shoulders in EURUSD

Long
Euro / U.S. Dollar (FX:EURUSD)  
samsaham Updated   
FX:EURUSD   Euro / U.S. Dollar
Chart Patterns EURUSD
5
0
chartpattern eurusd
I can spot two head and shoulders in EURUSD. One of them is inside the right shoulder of the bigger one.
Maybe there is a bullish wave that can rise EURUSD to 1.17000 territory
Suggestion :
Go long at 1.13400
TP1: 1.15000 (1600 pips)
TP2: 1.17000 (3600 pips)
SL: 1.12800 (600 pips)
Trade active:
450 pips in profit and neckline is breaking.
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.