Seems EURUSD wants to turn upwards by the recent price action and chart pattern formation.
We are having an inverse head and shoulder forming... Also with todays inside bar formation, this is a coiling for the next move and when unleashed will be massive.. Base on the price pattern formation, we believe the unleashed will be to the upside. The reason why we are placing a buy stop above the high of the inside bar.
BUY STOP @ 1.0904
SL @ 1.082
TP @ 1.11
We are having an inverse head and shoulder forming... Also with todays inside bar formation, this is a coiling for the next move and when unleashed will be massive.. Base on the price pattern formation, we believe the unleashed will be to the upside. The reason why we are placing a buy stop above the high of the inside bar.
BUY STOP @ 1.0904
SL @ 1.082
TP @ 1.11
Trade active
trade trigered................ lets see how it unfolds
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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.