soldierducky

EURUSD Breakout Play [Head and Shoulders]

FX:EURUSD   Euro Fx/U.S. Dollar
107 0 0
Excellent opportunity here. Head and shoulders .

Following Thomas Bulkowski of setting price target:

- * probability of reaching target = Price target

1.104 - * 0.55 = 1.084266

best part is that EUR/CHF             is trending down hard esp             it's underneath all the EMAs.

Always put stops. I highly suggest putting it at the top of right shoulder. Since most of the time the pull back goes near there. If it breaks then the pattern is an unsuccessful one.
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