EURUSD Week Monday 15th Oct - Friday 19th Oct
Analysis shows that if the market is to break the market structure above then this shows that a possible head and shoulder pattern will be forming. If it breaks above then this will warrant in a BUY.
If the market breaks below this will warrant a SELL. Once it has hit the next zone we will have a small pull back and possibly fall further
If the market breaks below this will warrant a SELL. Once it has hit the next zone we will have a small pull back and possibly fall further
Komen:
If a SELL is taken it can result to a 3.1 ratio trade