Head and Shoulders - EU
Here I have EUR/USD on the 30 Min Chart!
We have 3 sets of Highs in the shape of what looks to be a Head and Shoulders on top of the Support or "Neckline"!
Price has been traveling up so we may be getting a Reversal here now!
**Chart Patterns are known to fail 1/3 of the time so BEWARE OF FALSE BREAKS!!
-Pattern Prediction-
If Price Breaks and Closes above 1.09945, Pattern INVALIDATED!
If Price Breaks and Closes below 1.09725, Pattern is CONFIRMED and will initiate my Trade Action Plan!
We have 3 sets of Highs in the shape of what looks to be a Head and Shoulders on top of the Support or "Neckline"!
Price has been traveling up so we may be getting a Reversal here now!
**Chart Patterns are known to fail 1/3 of the time so BEWARE OF FALSE BREAKS!!
-Pattern Prediction-
If Price Breaks and Closes above 1.09945, Pattern INVALIDATED!
If Price Breaks and Closes below 1.09725, Pattern is CONFIRMED and will initiate my Trade Action Plan!
Novi_FIbonacci
Telegram - t.me/+l3fTcsZu91ZiZDkx
Telegram - t.me/+l3fTcsZu91ZiZDkx
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