EURUSD Head and Shoulders..But no clear neckline

Jun 18, 2020

There is an evident head and shoulder formation. But there is no clear neckline. Price is just continuously squeezing down at the current time. Usually, this calls for a reversal, and look for a bullish short term entry above the white line.
Take a look at my other related ideas as well.
You can clearly see it is a very bullish underlying structure here on the daily chart.
So I would be cautious in shorting further at this level.

Jun 18, 2020

Note

Forgot to mention I will Update when there is a more clear entry long. So follow up later:)

Jun 18, 2020

Trade active

Stop 1.1224

Jun 18, 2020

Note

Target 1.1350