EURUSD Inverse Head and Shoulders (3:1 RR)

2 May 2020

Let's see if we can't get a nice reversal pattern for a strong buy on EurUsd. Seeing that USD has had terrible economic growth the past few weeks, we should see Eur put up a strong fight here shortly. Remember, wait for confirmation and pullback!

5 May 2020

Not

For more aggressive traders, look for a buy entry near the right shoulder of the pattern around 1.078. You could exit at the neckline or hold and ride the wave. Happy Cinco De Mayo!

7 May 2020

İşlem aktif

Going to take a small lot size and try to catch the right shoulder formation with USD Bad News Release:

SL 1.071
TP 1.091