Get started
Mo_Rashid

clear signs of shorting on EURUSD

Short
Euro / U.S. Dollar (FX:EURUSD)  
Mo_Rashid Updated   
FX:EURUSD   Euro / U.S. Dollar
Head and Shoulders Candlestick Analysis
7
0
headandshoulders candlestick
break of head and shoulder formation( 2 hr time frame) points towards a sell opportunity. On the weekly time frame it shows clear rejection of the top. On the DXY(weekly time frame) clearly shows rejection candles to the bottom having long wicks rejections/.
Comment:
Looking for a drop almost similar to the height of the head
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.