EURUSD

Time = 1H
– Structure = Uptrend
– Pattern = head & Shoulders
– Tendency = Downtrend

**** Wait for a reliable confirmation if you trade on 1hr;
Confirmation 1; Price creates RS and then retraces.
Confirmation 2; Price breaks the support, then pullbacks and continues Downtrend

Time = D
– Structure = Downtrend
– Pattern = Double tops
– Tendency = Downtrend

GOOD LUCK

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Disclaimer: Forex trading and trading in other leveraged products involves a significant level of risk and is not suitable for all investors.
Chart PatternseurudshortideaEURUSDeurusdanalysiseurusdforecasteurusdideaeurusdoutlookeurusdpredictioneurusdshorteurusdsignalTrend Analysis

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