Get started
edgeAZFX

EURUSD Potential Retracement for Wave 2/B

Short
Euro / U.S. Dollar (OANDA:EURUSD)  
edgeAZFX Updated   
OANDA:EURUSD   Euro / U.S. Dollar
Chart Patterns Trend Analysis Wave Analysis EURUSD
21
0
chartpattern trendanalysis waveanalysis eurusd
TRADE PLAN

EURUSD H4

Description
Price appears to develop a Head and Shoulder pattern after failing to break a Key level Resistance.

After retest of the market structure at Resistance, price has a high probability to visit previous Support levels which turned Resistance as indicated on the chart.

Disclaimer.
Chart are educational, not trading/investment recommendation.
Comment:
Thank you all for trading with us!

It was a profitable week. It was was!

Let's repeat the challenge next week.
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.