H+S based on monthly levels TP area larger rectangle.

Long

Euro / U.S. Dollar (FX:EURUSD)

Updated

FX:EURUSD Euro / U.S. Dollar

Trend Analysis

trendanalysis

Head and shoulder within head and shoulder. Pure price action. Please feel free to put out PROs and CONs.

Comment:

refer comments

Comment:

Monthly EMA acting as dynamic support. This conflicting with Daily H+S. Thus showing us sideways movement on the Weekly. Tricky trading. I still think to obvious a pattern to not work on daily. Price to move South. Remember watch those lower Time frames. PATIENCE PEOPLE.

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