TheTradersAvenue

EURUSD > Possible Head and Shoulder Pattern!!

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OANDA:EURUSD   Euro / Dollar AS
Analysis on #EURUSD

In my last EURUSD post, I expected to see the bottom here and indeed we did see a bottom but I am still not involved in any trade here especially not before NFP.

as you can see we kinda have a reversal pattern some might classify it as a head and shoulders pattern, I do too.

if the market move and closes above trend line resistance I will then look for a bullish trend continuation entry if the rules are met

similar to my post on GBPUSD I explained why I don't think it is a good idea to sell dollars, you can read all about it in my GBPUSD post

like and comment will be hugely appreciated, thank you so much for your support.

Check today analysis below⠀

>>“ Success is a journey, not a destination"
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