EURUSD is forming a head and shoulders pattern around resistance.
The head and shoulders is still an idea and not valid. so we are waiting for the right shoulder to form and then sell on the gray neckline break downward.
we also have a divergence adding more confluence to our setup.
our trigger would be after a momentum candle close below the neckline.
and the stop loss would go just above the right shoulders.
we always target double our stop loss!
The head and shoulders is still an idea and not valid. so we are waiting for the right shoulder to form and then sell on the gray neckline break downward.
we also have a divergence adding more confluence to our setup.
our trigger would be after a momentum candle close below the neckline.
and the stop loss would go just above the right shoulders.
we always target double our stop loss!
Trade Made Simple
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
CFD Broker - TradeNation
cutt.ly/GrTivmRC
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
CFD Broker - TradeNation
cutt.ly/GrTivmRC
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.
Trade Made Simple
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
CFD Broker - TradeNation
cutt.ly/GrTivmRC
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
CFD Broker - TradeNation
cutt.ly/GrTivmRC
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.