EURUSD head & shoulder (update now taken profits)
hello traders, for an update on this pair we have now hit TP1 for the completion of our head & shoulders pattern, price action made a move down to previous structure support zone and is now starting to make a pullback. If we look at the neckline of this head & shoulders pattern we can see this is where price has created some structure meaning this is where price may find future resistance.
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.