Price Action has formed a Double Top (M) Price is forming the second leg of the M , the Neckline is the Orange Support level.
Possilbe entries : at the breakout of Support ; at the breakout of Neckline.
Price Action has formed a Double TOP (M) , Price approaching a trendline which represents the Neckline of the Double Top(M).
Trade will be active once the Trendline(Neckline) is broken.
Have a Pip-full day!
Good evening traders !
I have identified an inverted Head and Shoulder on the H4 chart of EURUSD , please execute the trade with proper risk management : 1:3 risk ratio & don't risk more than 10% of your account.
Enjoy your weekend
Happy Trading !