fvadet

EUR/USD possible long...invert head & shoulder

fvadet Updated   
FX:EURUSD   Euro / U.S. Dollar
The SHS short did not perform as planned... but maybe it will very soon as a little up now could result in EUR going down for quite some time, but who knows... Looking at the SHS in the begining of 2017 there was also an extra low after the SHS before the long run up... so maybe more down...

However this is posted just to show that there is a posibility that an IHS is forming for a new up-trend - watch your money with short SL if you trade this...
Comment:
As I'm not sure of this I have made entry and exit today with a good no of pips into the account.
Watching it closely tomorrow and Monday to see if the long will continue or if we are close to a turning point making an extra high before it's shorting time... similar to the extra low (april17) after HeadShoulder.
It can go both ways so protect your money!
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