Wait for the CPI Selling Trigger !

OANDA:EURUSD   Euro / U.S. Dollar
Price is hovering near the 1.22 resistance and a possible head and shoulder pattern can be formed in the upcoming hours. The CPI will of course play a huge role into it, knowing that if the result is better than expected, then this EURUSD will be a great opportunity for a short position.
Until then, waiters are winners so trade safe and best of luck !


great analysis 👍
+1 Reply
@IrvinL, Thank you ! It went as we drew it.