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Euro / U.S. Dollar
Long

EUR/USD – Inverse Head & Shoulders Breakout Setup Timeframe: 1H

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EUR/USD has broken out of an inverse head & shoulders on the 1H chart. A sustained move above the neckline could trigger bullish continuation towards 1.1670+. The setup offers a favorable risk-to-reward ratio, with stops placed just below neckline support.

#EURUSD #Forex #PriceAction #TechnicalAnalysis #InverseHeadAndShoulders #Breakout

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Chart PatternseurusdlongForexHarmonic PatternsInverse Head and ShoulderspriceactionanalysisTrend Analysis

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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.
Chart PatternseurusdlongForexHarmonic PatternsInverse Head and ShoulderspriceactionanalysisTrend Analysis
Trade_With_Sherry

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.