FXLoungeIN

Is EU going top Shoulder-Head-Shoulder Formation?

Long
FX:EURUSD   Euro / U.S. Dollar
EU broke its uptrend in 4H chart but there isn't any back-test to trendline. Also EU will want to test this trendline arround 1.0750 levels at first and if it can not break this trend to upside return back to downside and target 1.0620 levels again for shoulder-head-shoulder formation.

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.