Euro / U.S. Dollar

Short

head and shoulders pattern on euro dollar

By VasilyTrader

Updated

snapshot

hey guys,

I am still looking for a good selling opportunity on euro dollar.
Now, as the market has reached one more resistance area,
we see the formation of a head and shoulders pattern.

I will be waiting for a bearish violation of a neckline to sell the market.

targets based on structure!

good luck!

Note

bearish violation

Order cancelled

retest of the high! pattern is invalid

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