Update for EURUSD.
Earlier, we spotted a slowing bullish momentum on 4H.
The price was growing within a rising parallel channel and for the last 7 days it was trading within a sideways range.
The price formed a head and shoulders pattern within the channel.
This morning, the support of the channel and the neckline of h&s were broken.
I expect a bearish continuation now.
Goals:
1.078
1.072
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✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
❗️YouTube Channel youtube.com/c/VasilyTrader
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⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.