There are some amazing setups forming on the charts, here we have EUR/USD on the 4h chart with an inverted head and shoulders pattern.
The right shoulder formed at the 0.618 retracement which is excellent as the pattern as a whole generally holds a better structure in this situation.
The neckline is bang on a key resistance level, closing above this would provide additional confirmation to go long.
BUT price could stall out on resistance and sell-off back down to the right shoulder since it is a pivot point in the market.
I'll be looking for extra validation indicating long or short in the near future.
I hope you all have a great weekend!