EURUSD Long / Buy
Inverted head and shoulder pattern.
Previous LH was broken with momentum, signs of Bullish sentiment.
Price retraced and making new LH that significantly higher than LL (head).
Right Shoulder pattern = lower bounce, that ready for breakout neck line.
Risk: 2~3%.
Entry at neckline breakout.
RRR: 4R possible / Next BRN - 1.2000
Previous LH was broken with momentum, signs of Bullish sentiment.
Price retraced and making new LH that significantly higher than LL (head).
Right Shoulder pattern = lower bounce, that ready for breakout neck line.
Risk: 2~3%.
Entry at neckline breakout.
RRR: 4R possible / Next BRN - 1.2000
Everybody has a plan until they get punched in the face
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.