Inverted Head & Shoulders - EU
EUR/USD has formed a beautiful Inverted Head & Shoulders Pattern on the 4Hr Chart
*Prior to this analysis, I charted EUR/USD in a Bullish Channel which favors an Inverted Head & Shoulders pattern here!
-Inverted Head & Shoulders is a reversal pattern where unlike its counter-part, this pattern is looking to go BULLISH!!
Price is currently at the "Neckline" of the Pattern, so what I'm anticipating is for price to give us that Bullish break above to continue higher!!
*Prior to this analysis, I charted EUR/USD in a Bullish Channel which favors an Inverted Head & Shoulders pattern here!
-Inverted Head & Shoulders is a reversal pattern where unlike its counter-part, this pattern is looking to go BULLISH!!
Price is currently at the "Neckline" of the Pattern, so what I'm anticipating is for price to give us that Bullish break above to continue higher!!
Nota
I believe we are getting the break we have been looking for to validate this pattern!! Now to wait for the close and possible retest!
"An investment in knowledge will pay the best interest." - B. Franklin
Novi's Trading Channel
t.me/+l3fTcsZu91ZiZDkx
Novi's Trading Channel
t.me/+l3fTcsZu91ZiZDkx
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.
"An investment in knowledge will pay the best interest." - B. Franklin
Novi's Trading Channel
t.me/+l3fTcsZu91ZiZDkx
Novi's Trading Channel
t.me/+l3fTcsZu91ZiZDkx
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.