EU double H&S

FX:EURUSD   Euro / U.S. Dollar
Nice setup... GL
Comment: looks like we needed a retest....
Comment: stops moved up to 1.238.... price might be wanting to make a harmonic with the D level around the 1.228 zone...
so do you think it is honoring the trend line?
99nines ArifulIslam98
@ArifulIslam98, as long as price doesn't break the daily previous bar, this is good.. so around the 1.23850 level... below that and we're probably going to see a harmonic with price going down to the mid 1.22 levels..
Indeed, I love a double, also a double divergence buy signal on the 4 hourly momentum indicator, settings 12 over a slightly tighter timeframe
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