Reverse Head and Shoulder formation on 4h EURUSD chart.
I see a reverse heads and shoulder formation shaping up on the EURUSD 4h chart.
Entry would be after break and re-test of neck-line at 13.9500
Initial target from Head to neck-line measured at at 191 pips to 1.1585 and meeting major resistance and structure from 9 Nov.
If this formation is valid it will take another week or so to complete the Right shoulder.
Question is: Am I dreaming this?
Act on your own risk.
EURUSDhttps://www.tradingview.com/chart/XBiwtOsu/
Entry would be after break and re-test of neck-line at 13.9500
Initial target from Head to neck-line measured at at 191 pips to 1.1585 and meeting major resistance and structure from 9 Nov.
If this formation is valid it will take another week or so to complete the Right shoulder.
Question is: Am I dreaming this?
Act on your own risk.
EURUSDhttps://www.tradingview.com/chart/XBiwtOsu/
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.