melikatrader94

EURUSD analysis

Long
FX:EURUSD   Euro / U.S. Dollar
hello guys...

as you can see, this pair made double shoulders at head and shoulders pattern, at the same time made a QMC pattern so you can get a long position until the neckline of the pattern, after that you should wait until the neckline breaks out then you add more volume or enter to another long position, otherwise you can get another long position!

trust the breaks out!

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Comment:
entry: the blue area
target 1: $1.1008
target 2: $1.1026
target 3: $1.104

if the gray area breaks out get another long position:
target 1: $1.108
target 2: $1.111
Comment:
The good news for the US dollar had no effect on the currency, so I think the dollar is still weak
Comment:
stoploss=1.0928
Trade closed: stop reached

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