EURUSD - Nice setup for a possible upmove Long

Euro Fx/U.S. DollarFXCM

Description

⋅ Dec 2, 2017 5:20 PM

EURUSD 1.1895
Target 1.2087 plus
Stop 1.1775

Rationale:

1) Inverse H & S formation observed.
2) Price pierced past the neckline resistance level, which possibly could act as a support.
3) Price possibly forming cup and handle structure.