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Few days ago, H&S top was spotted in this pair, Now a small inverse H&S is also spotted on the same pair. Also the neckline break wasn't sustained means a failure of the H&S pattern. Above the red line EURUSD should move up aggressively.
Comment:
Neckline breakout. One should go long keeping stops below the right shoulder for targets of 1.23 and a new high.
Manish Bhardwaj
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@TRADINGSUTRA @WAVESUTRA
Analyst & Co-Founder
http://www.tradingsutra.com
TELEGRAM-
https://t.me/daytraderin
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@TRADINGSUTRA @WAVESUTRA