Euro / ABD Doları
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EURUSD possible rebound from lows

65
PAIR IN FOCUS: EURUSD
ACTION: LONG


Price has formed an inverse H&S pattern which is a reversal pattern to the upside. Observe for a retest of the neckline OR the nearest support/resistance level, and also for BULLISH action before any entry.

Educational purpose: The probability of success is higher for a H&S pattern at the peak of a bull wave. Vice versa, the probability of success is higher for an inverse H&S pattern that occurs at lows (i.e. lower bound of a falling wedge).

The TP Zone and Stop loss have been indicated on the chart.
İşlem kapandı: hedefe ulaştı
TP Zone reached!

Price bounced off the nearest support/resistance and shot into the TP zone earlier than expected.

Feragatname

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