Head & Shoulders on EURUSD

Interesting H&S formation on EURUSD confirmed two days ago on the breakout of 1.1720 area. Even if the technical suggest a downside movement to 1.1350 area i advanced keeping shorts only if the price action is in your favor. I suspect that EURUSD will not fall to 1.1350, i think it will find support on the way to 1.1550 and bounce back to 1.1750. However i don't recommend going long now because it will be against an important bearish formation, i would rather wait for buyers to show there presents in the market.