NTrading
Short

EURUSD Possible Short

FX:EURUSD   Euro Fx/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.
NTrading
8 months ago
Pattern seem to have complete it now.

If price breaks necklines and then retest it, it will be strong opportunity to short
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h1nsen
8 months ago
How valid is this H&S pattern given that EUR/USD has been on a long-term downtrend?
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NTrading h1nsen
8 months ago
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
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