FUTURE BULLISH - EUR/USD -Head and shoulders pattern explanation

FX:EURUSD   Euro / U.S. Dollar


/Short time is a bearish
/Long time is a bullish

___ Theoretical information:

-A head and shoulders pattern is a chart formation that resembles a baseline with three peaks, the outside two are close in height and the middle is highest. In technical analysis , a head and shoulders pattern describes a specific chart formation that predicts a bullish-to-bearish trend reversal.

-By probability the size on the head will be equal to the size of the green line, the same as the red line.

-Is expected the price to reach the red horizontal line before it eventualy move up.

-In the future we may have a bullish formation, let´s wait for that

Follow me on Instagram :


Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out