TradingBonus

EURUSD HEAD & SHOULDERS

Short
FX:EURUSD   Euro / U.S. Dollar
SHORT trade analysis on EURUSD.

Graph is looking bearish from upper trendline. Price recently created Bearish Cypher Pattern, meaning it will fall. It is about to complete Head and Shoulders Formation. Chart made Hidden Bearish Divergence confirming bearish move. Trade idea is also shown on RSI indicator.

If you liked this idea or if you have your own opinion about it, feel free to write in the comments.
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.