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tom_mok
Mar 4, 2018 5:11 PM

Euro Fight Back Long

Euro Fx/U.S. DollarFXCM

Description

On the chart we can see strong level of EURUSD
price is trying to up again after testing the strong support.
And price is currently at the median price in the sideways zone.
The possibility to test the top is still wide open.


trading idea can be seen in smaller TF.
price is currently at a median price which could potentially be a neckline for an inverted head and shoulders pattern that also potential to form.
buy position can be taken if the right shoulder is formed.
check until the smallest TF for entry strategy and to minimize risk

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