youngtiller

Head and Shoulders Pattern Down to Retracement

Short
youngtiller Updated   
FX:EURUSD   Euro / U.S. Dollar
Im observing a head and shoulders pattern that should give a nice fall of 200 pips. Once price goes below 1.0990 I will be shorting this. Now I think this is a retracement for another move to the upside. I will be watching this closely. Comment with any ideas, or opinions. Hope this trade plays out!
Comment:
My new idea has been posted. I no longer think price will bounce off the golden zone. Good TP though
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.