chartpattern
trendanalysis
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head and shoulder has completed, we looking to go short since price is on the demand zone
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The EURUSD has formed a Head and Shoulder on the daily time frame and weekly , it has retested the previous resistance and we have a strong bearish momentum .
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the pair experienced an immediate break out , after over selling . we looking for Long positions .a bullish momentum is very strong at the moment , in all the TF .
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a shooting formed on the resistance level , i mainly focused on support and resistance rule .
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On the daily time frame , it broke the trend line and retested the resistance that was turned support .the major trend is an upward trend which is is also the new trend since the downtrend was broken
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