EURUSD might be ready to completely changed direction after the following was put into consideration
1. Divergence formed ( Left shoulder to Head)
2. A possible H & S Pattern formed ( Confirmed after formation of the right shoulder)
3. A HL formation ( Right shoulder formation)
4. 1, 2 & 3 all formed at a weekly key level
Long position is valid only if we get a B & R of the neckline.
1. Divergence formed ( Left shoulder to Head)
2. A possible H & S Pattern formed ( Confirmed after formation of the right shoulder)
3. A HL formation ( Right shoulder formation)
4. 1, 2 & 3 all formed at a weekly key level
Long position is valid only if we get a B & R of the neckline.