MihaiS21

MihaiS21

The H&S strcuture is a bit forced at this moment and is dependent on the price end point of today. If it will close above 1.9170 thend there are good chance to brake further the lat impulse on Fib 0.5 (above price at 1.9225) and head towards the Fib level of 0,382 (price above 1.95). Trade safe and wait for the entry above 1.92. This not a trading advice!

MihaiS21

Potential H&S now forming on H1. Trade with caution as the reversal might take place from 1.10200. The pair could continue its decent to the former monthly high from March 2021. This is just an analysis of the pair and not trading advice! Comment if you disagree!

MihaiS21

A possible inverted H&S is now forming on the 30 min timeframe. This could lead the pair to 95.580 as a TP target.