EURUSD Inverse Head and Shoulders (3:1 RR)

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Let's see if we can't get a nice reversal pattern for a strong buy on EurUsd. Seeing that USD has had terrible economic growth the past few weeks, we should see Eur put up a strong fight here shortly. Remember, wait for confirmation and pullback!

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ملاحظة

For more aggressive traders, look for a buy entry near the right shoulder of the pattern around 1.078. You could exit at the neckline or hold and ride the wave. Happy Cinco De Mayo!

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تم فتح الصفقة

Going to take a small lot size and try to catch the right shoulder formation with USD Bad News Release:

SL 1.071
TP 1.091