Hi all,
Here we have the EUR/USD on the 1HR time frame. As you can see we have a head and shoulders pattern which can be a reversal signal. My other confluences are that it is at a key area (BLUE line - 1HR key area, YELLOW line - 15min S+R).
As the head and shoulders is at the top of a bullish trend this could be a possibility of a reversal if it does not push through the upper blue line.
I will be looking to SHORT on a small time frame when a entry is confirmed..
Good Luck and trade safe
L
** THIS IS NOT FINANCIAL ADVICE, THIS IS FOR EDUCATIONAL PURPOSES AND THIS IS MY OPINION - ALL FEEDBACK IS WELCOMED **
Here we have the EUR/USD on the 1HR time frame. As you can see we have a head and shoulders pattern which can be a reversal signal. My other confluences are that it is at a key area (BLUE line - 1HR key area, YELLOW line - 15min S+R).
As the head and shoulders is at the top of a bullish trend this could be a possibility of a reversal if it does not push through the upper blue line.
I will be looking to SHORT on a small time frame when a entry is confirmed..
Good Luck and trade safe
L
** THIS IS NOT FINANCIAL ADVICE, THIS IS FOR EDUCATIONAL PURPOSES AND THIS IS MY OPINION - ALL FEEDBACK IS WELCOMED **
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.