Despite thinking the Euro squeeze could continue or the GBP can somehow drag the Euro with it, this little ditty is setting up nicely. It appears to be a classic H&S Pattern with a break below 1.1125 pushing down for a re-test of the 1.1060 resistance level. Hopefully the move pushes to its potential towards 1.09 and if so I'll be locking in profit and seeing if the H is O as Glenn Frye says - that's the "heat is on"
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.