jan80hansen

EURUSD Head and Shoulders..But no clear neckline

Largo
jan80hansen Actualizado   
FX:EURUSD   Euro/Dólar estadounidense
There is an evident head and shoulder formation. But there is no clear neckline. Price is just continuously squeezing down at the current time. Usually, this calls for a reversal, and look for a bullish short term entry above the white line.
Take a look at my other related ideas as well.
You can clearly see it is a very bullish underlying structure here on the daily chart.
So I would be cautious in shorting further at this level.
Comentarios:
Forgot to mention I will Update when there is a more clear entry long. So follow up later:)
Operación activa:
Stop 1.1224
Comentarios:
Target 1.1350

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