A short term bull cycle in EUR/USD is almost ready

Güncellendi
EUR/USD FAST UPDATE

Quite easy, we said previously that breaking the green support was a bearish signal. After a breakout and take profits, now we see the price coming back to the support and forming a head and shoulders pattern.

Breaking up the blue resistance level would mean the start of a rally to, at least, 1,07 area.

Be ready :)

Previous short idea:
EURUSD and the most important bearish signal in 3 years.
İşlem aktif
A fake break out appeared and the price fell after it.
İşlem kapandı: hedefe ulaştı
As expected, a fake break out means a large decline.
Chart PatternsTechnical Indicators

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