NTrading
Short

EURUSD Possible Short

FX:EURUSD   Euro / U.S. Dollar
152 3 7
EURUSD             seem to create head and shoulders pattern.

DO NOT trade it before it breaks and corrects higher to neckline.

The key is to trade the breakout and NOT the possible breakout

Patterns can fail so if it never breaks then this trade will be invalid.
How valid is this H&S pattern given that EUR/USD has been on a long-term downtrend?
Reply
NTrading h1nsen
Future will only show us if H&S Pattern is valid or not. If it breaks the neckline and correct and then continue down, then it will be valid.

Patterns are a combination of people's traders
Reply
Pattern seem to have complete it now.

If price breaks necklines and then retest it, it will be strong opportunity to short
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out