Euro / U.S. Dollar
Updated

Bearish H&S or trend continuation?

710
Since August, a possible bearish H&S apears. This H&S would be triggered with Prices < 1.17. --> Min TP: 1.15 (38,2 fibo) / max TP: 1,1323 (0,5 fibo)
The are between 1,17-1.187 seems to be neutral for me.
I see a shortterm Long opportunity with Prices > 1.19 - here the H&S isn`t anymore.
--> TP could be 1.2010, trading above that Level could accelerate the upwave (perhaps up to 1.23)
Cheers
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Initial view:
Is this "The Bottom" ?
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don`t be so shy guys..what`s your view/opinion?
Trade active
H&S active snapshot
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ugly downflag
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eurusd direct at the flag Trigger snapshot
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After the trendbreak we have seen a little sell off...now the pair kissed the EMA 200, the RSI turned green! Is this an anticyclical shortterm long chance?
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