EUR/USD Potential SHS pattern

If the larger SHS emerges then a short with very tight SL (just above the top-trendline down). Target could be fib 55 / or buttom trendline.
Maybe this could be Wave 1 and Wave 2 as well... then hitting buttom trendline could indicate long wave 3 take it to fib 161

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It turned just under expected, but matching a significent low from june 2010.
Next critical point - crosing the neckline to complete the SHS

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Finally the orange Head & Shoulder have been compleated... lets fall some more, then back up to confirm neckline and then down.

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Awaiting a test of the neckline to confirm Head & Shoulder pattern and I will add to my position - could be 1.166 to 1.72

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Added to my short

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SL moves closer to neckline during today

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Adding to my short 1,164

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Adding to my short at 1,172 ish
The 1,164 part of the position hit it's SL sometime ago

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1,172 ish was not the best idea and fairly quickly hit it's SL
I'm on it again though with a new short at 1,1845 and of cause with SL set

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Need to see the turn down very soon or the overall trade will hit is's SL

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Added to my short 1,185 tight SL as always

Trade closed: stop reached

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Mostly profit, but not fully as planned... maybe it's an IHS now...

fvadet

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