EUR/USD Head and shoulders pattern?

As I expected, the head and shoulders pattern formed
And the right shoulder is almost complete
With the formation of the right shoulder, we had the pullback
But it seems that the price will be in the range for a while in less than daily time frames

And I expect the bearish trend to continue after this pullback
However, after the support break in this pattern, we will have a pullback again

On the monthly time frame, in the strong resistance zone, and on the MA20, the price is Range

In the weekly time frame, LH has formed and it seems that the price has a tendency to break the bottom of the triangle

In the daily time frame, a pin bar candle is formed and the price is on a strong resistance
And MA20, 50, 100, 200 resistors are matched

* Be profitable

Thank you for expressing your opinion with likes and comments

Yorum:

In the 4H time frame, the price is on the strong resistance of MV200
Watch out for American news
The price may have a sharp move in both directions at the time of the news

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Yorum:

Fb 0.382 (1.0709)
Fb 0.5 (1.0745)
Fb 0.618 (1.0775)

Yorum:

Given the strong resistance at the 1.068-1.069 level, the price is in range
And it probably forms a triangle pattern
If the price breaks 1.0691, I expect to hit Fb levels
However, I expect correction at every level
And I am waiting for confirmation to open the position
I don't see a bearish signal on the daily and 4H time frames
* But be sure to put a stop loss

Good Luck

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Yorum:

Fb 0.382 (1.07087) ...Target reached
From each of the following levels, the price may be reduced
Fb 0.5 (1.07418)
Fb 0.618 (1.07749)

*Don't forget the stop loss and change it with the price movement

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