EURUSD Analysis==>>Inverted Head and Shoulders Pattern!!!

2024年10月24日

EURUSD( EURUSD ) is moving near the Upper line of the Descending Channel, Support zone($1.0816-$1.0775), and Support lines.

Regarding Classic Technical Analysis, EURUSD has already broken the Neckline of the Inverted Head and Shoulders Pattern (Bullish Reversal Pattern).

Also, Regular Divergence (RD+) between Consecutive Valleys.

I expect EURUSD to rise to at least the width of the descending channel after breaking the upper line of the descending channel and SMA(100) and then attacking the Resistance lines.

⚠️Note: If EURUSD goes below $1.075, we must wait for more dumps to at least $1.069⚠️

Euro/U.S.Dollar Analyze (EURUSD), 1-hour Time frame ⏰.

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Do not forget to put Stop loss for your positions (For every position you want to open).

Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post.

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2024年10月25日

交易進行

Trade was activated

2024年10月25日

註釋

You can keep the position, and I found another Inverted Head and Shoulders Pattern with a bigger scale.:)

2024年10月26日

註釋

If EURO goes below $1.0768, we must wait for more dumps.

2024年10月30日

交易結束：目標達成

Due to the tension between Iran and Israel in the Middle East, and America's indexes, it took a while to hit the target, but it finally hit the target.