EUR/USD 4H Head and Shoulder pattern and more bearish signs!
EUR/USD has had a strong couple of weeks, but after the bearish divergence and breaking into the Ichimoku cloud towards the downside today, it looks more and more like it will retrace a bit.
On the 4H it also formed a clear Head and Shoulders pattern which makes the trade setup nice and easy! Stop loss above the neckline and see what happens.
Be careful leverage trading is risky so manage your position sizing accordingly!
If you like my ideas and the work I do, please check out the links in the signature and smash that like button ;).
On the 4H it also formed a clear Head and Shoulders pattern which makes the trade setup nice and easy! Stop loss above the neckline and see what happens.
Be careful leverage trading is risky so manage your position sizing accordingly!
If you like my ideas and the work I do, please check out the links in the signature and smash that like button ;).
