nikitafx
Short

EUR/USD H&S target:0.9210 (Nikita FX )

FX:EURUSD   Euro Fx/U.S. Dollar
322 0 3
EUR/USD             is now starting its H&S Formation regardless whatever type of wave is going on.
Well, Since 4-C Final wave 5 had already started. 1.05168---1.14646 looks like wave 5-2-ABCDE
(which is an ascending type).

If H&S neckline (recently 1.04618) will be breached, the target would be 0.9210.
Its First indication should be a breakdown of extended Green Channel bottom Line. (1.1245 today)

Therefore EUR/USD             is bearish SHORT.

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