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Euro / U.S. Dollar
Long
Updated

Inverse Head-and-Shoulders on EURUSD

87
EURUSD has just validated Inverse Head-and-Shoulders
The small pull back seen on Friday offers us a good price to enter in position on EURUSD
Stop: 1.15
TP 1: 1.197
TP 2: 1.216
Note
As we often see on Inverse Head-and-Shoulder patterns, we could have a 2nd shoulders and this is the reason why the stop was placed at 1.15. At this moment, the scenario is not unvalidated and have to wait and see the reaction at 1.15300 before consider to stop this position
Trade closed: stop reached
Stop reached at 1.15
Kevin_Tchoulfyan
Also on:
Head and ShouldersSupport and Resistance

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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.
Head and ShouldersSupport and Resistance
Kevin_Tchoulfyan
Also on:

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.