Watch for a selling opportunity while price stalling below 1.5000. Support area is at 1.4740 (1st target) and then 1.4500 (2nd target). Otherwise, any daily candle close above the 1.5000 area would change the bearish projection.
Trade closed: stop reached:
Bullish Euro across the board. H&S neckline was breach to the upside, as for now i will let the price action to develop for future assessment.
Result : -5%
Result : -5%
Comment:
Trade idea can be valid depending on daily closed. the area that i'm watching is 1.4980 if the daily close below that level i will short this pair one more time.