Euro is about to go
We have a few signals going off this morning, we have a broken neckline, and another neckline about to get penetrated! Inverted head and shoulders is visible, it just needs to be confirmed! The second neckline corresponds with a pivot point level, so when that neckline gets broken, it will be a strong signal to buy! On the hourly chart price has found support at a pivot level and started to head up from there. The 4 hour chart shows price formed a spinning top at a pivot level and started to head up. Not a lot of trading opportunities today so far, but we might still have a move on the euro! I suspect price will use the first neckline as boost for higher prices! Lets watch for the second break, and buy in!!!
Nota
The break didn't happen, neither was the loss!!! Always have security !!!
Penafian
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