Euro / U.S. Dollar
Short

EURUSD Shorts (H&S)

100
A Head and Shoulder pattern has appeared at the end of an bullish trend which indicates a possible reversal in trend.
We will be looking for shorts at the retest of the neckline, where we have a descending trendline and the daily 50 EMA.
Final TP would be the duplication of the head at 1.7763.

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.