Head and Shoulders - SHORT on EURUSD on D1
The upward trend of EU was showing signs of weakness the last couple of weeks.
Akil_Stokes had mentioned the end of the upward trend on 2nd Oct. Since then I was looking for a confirmation according my rules and spotted the SHS coming up - a pattern which completed nicely last week on the daily timeframe and confirmed my SHORT entry.
I do expext a support reaction @1.1438 since this has been a strong resistance in the past (look left).
Akil_Stokes had mentioned the end of the upward trend on 2nd Oct. Since then I was looking for a confirmation according my rules and spotted the SHS coming up - a pattern which completed nicely last week on the daily timeframe and confirmed my SHORT entry.
I do expext a support reaction @1.1438 since this has been a strong resistance in the past (look left).
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