Hello guys, in this technical analysis I see that EUR/USD in H1 timeframe it's having a shoulder head shoulder inverted, this is a potential signal to going to a bullish!!! So, this is very interesting what I Found it. So, there are a bullish divergence in RSI and price action nand MACD is show us a possible recover of the EUR. In the past week EUR/USD was broke up the line that cover the simetric triangle and also this is a ver interesting, so only I need to hope that EURUSD has confirm the pattern to entry in a buy. And also, we have in the moment the 3 previously candlestick and in live, the candlestick in fomration in H1 this advice us that EUR could wont to going to down the price. So, we need to know so what happen in this par, and beware, don't believe that EUR/USD is going to uuper the price without to check out all timeframe, specially in H1 timeframe, because this chart pattern is a accomplish of 98%
In H4 timeframe, I see that EUR/USD in MACD are in the possible buy zone and a little consolidation in H4, so, the only I hope in H1 is take my confirmations.
And also, if you quit the shoulder head shoulder inverted, we can to see a leading of the elliot wave, we are to finish the elliot wave and have to elliot wave correction ABC to a possible microchange of trend.
In H4 timeframe, I see that EUR/USD in MACD are in the possible buy zone and a little consolidation in H4, so, the only I hope in H1 is take my confirmations.
And also, if you quit the shoulder head shoulder inverted, we can to see a leading of the elliot wave, we are to finish the elliot wave and have to elliot wave correction ABC to a possible microchange of trend.
Note
I entry in the position in some previous hours. So, objective is just to find up maybe 30 pips, or if you want, you can to don't put a target and closed it when you decide it about your decision, I can to quit my Target Profit and going to run at night until to leave of 50 pips, it's my first objective or included 60 pips, in the lastest higher previouly
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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.