EURUSD Sell Setup

3 Okt 2020

EURUSD is forming a head and shoulders pattern around resistance.

The head and shoulders is still an idea and not valid. so we are waiting for the right shoulder to form and then sell on the gray neckline break downward.

we also have a divergence adding more confluence to our setup.

our trigger would be after a momentum candle close below the neckline.

and the stop loss would go just above the right shoulders.

we always target double our stop loss!