In our last analysis we were expecting EURUSD to approach the right shoulder. We are now very near to entry and the confirmation of the head and shoulder pattern.
Watch for bearish price action near the right shoulder and a break of the ascending trendline on the smaller timeframe.
Entry: Break of ascending trendline
Stoploss placement: above recent high
See links below for more information and smaller timeframe analysis.
The best analysis I have seen in all charts. Keep like this. Thanks a lot
AlkalineFX
â‹…
So much value in one post unreal
SmartXbot3AutoTrade
â‹…
i just want to appreciate ur effort to share this priceless chart.. we all know the price can be unpredictable sometimes bcs of other factors like fundamental. However, your very clean chart is easy to understand and i learn a lot of price action in real chart from you.. thank you and keep up the good work!