YOU CAN SEE WE POSSIBLY WILL HAVE A HEAD AND SHOULDERS ON EURUSD.
WE CURRENTLY HAVE A LEFT SHOULDER FORMED AT A STRONG KEY LEVEL, AND A NICE HEAD POKING OUT OF THE STRONG LEVEL. WE DONT ENTER POSITION UNTIL RIGHT SHOULDER HAS FORMED. THE SAFEST ENTRY IS TO WAIT FOR THE RETEST OF THE NECKLINE!
WE CURRENTLY HAVE A LEFT SHOULDER FORMED AT A STRONG KEY LEVEL, AND A NICE HEAD POKING OUT OF THE STRONG LEVEL. WE DONT ENTER POSITION UNTIL RIGHT SHOULDER HAS FORMED. THE SAFEST ENTRY IS TO WAIT FOR THE RETEST OF THE NECKLINE!
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testing the neckline of a previous head and shoulders gives this trade high probability!Disclaimer
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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.