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Vasques
Jul 28, 2018 6:39 PM

USD/EUR Possible Inverse Head and Shoulders? Long

U.S. DOLLAR / EUROICE

Description

Hey everyone, in this chart we can see a possible inverse Head and Shoulders forming.

There are two entry points:

1) Aggressive entry: Enter after it bounces off the possible right shoulder
2) Normal entry: Enter after it breaks the neckline at 0.8644

Take profits:

1) For the Aggressive entry, we have two take profits: 0.8732 and 0.9103
2) Normal Entry: 0.9103 because the inverse H&S is confirmed.

Hope it helps!

Any doubt comment down below
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