Get started
TradingSuccess

Strong resistance for EURUSD 1H, Head and Shoulders formation

Short
Euro / U.S. Dollar (FX:EURUSD)  
TradingSuccess  
FX:EURUSD   Euro / U.S. Dollar
eurusds Head and Shoulders Support and Resistance Fibonacci
2
0
eurusds headandshoulders supportandresistance fibonacci
Strong resistance at 1.1188

It's likely that the makret will reverse at this level. If not, then we may have a nice correction to 1.113-1.114 or at least a consolidation near the resistance.

Especially that it looks like a double Head and Shoulders formation :D
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.