Euro / U.S. Dollar

Short

EURUSD Head and Shoulders

By MattLetourneau

Updated

Need a break and close below the neckline to trigger shorts. An additional pattern within the H&S would be ideal to improve the R:R.

Note

Seeing a steep drop in DXY due to Trump's comments on the FED. A close above the right shoulder and we will exit the trade.

Note

Good job to everyone still holding. We're approaching our entry point again and the trade is still active.

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Floating a nice profit now - patience pays :)

Trade closed: target reached

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