blues8080

head and shoulder pattern EURUSD please read well

FX:EURUSD   Euro / U.S. Dollar
i want to welcome my self back , i have been away for while ,i didnt have free time to post in this lovely group
but im back again , well looking to the EurUsd we will find the long term trend is not finished yet , and the head and shoulder pattern might be a false alarm for reversal and its only consolidation before the price continue , my trade plan will be in case of break out and volume increases i will be going short till the first support and look for confirmation that up trend is done , in case of no break out and the price start to continuo an up trend i will be going long before every resistance on the way up

Comments

Nice view
+1 Reply
Great spotting!
+1 Reply