Head and Shoulder Pattern in EURUSD

٢٩ أكتوبر ٢٠٢٠

Reasons for Open Position (OP) in EUR / USD currency on Thursday (29 October, 2020):

• The Head and Shoulder pattern is in effect as it awaits the level of: 1.1830
  
• There is a Left Shoulder at the price level: 1.1728 - 1.1730
  
• And a Head is formed at the price level: 1.1690
  
• For Open positions between price levels: 1.1730 (recommended, not to float).
  
• For take profit (TP) at the price level: 1.1832 and as high as 1.1877.
  
• Regarding Stop loss at the price level: 1.1680
  

Note to me: Every currency (like women) has a different technical (heart) and it is important for money management not more than 5% and Thursday is the most suitable trading in EURUSD currency (in view).

What do you think, my beloved friends?