The head-and-shoulders pattern on the D1 chart of EUR/USD offers a bearish breakout trading opportunity. The pattern's neckline is shown with the dashed yellow line. The shoulders and the head are marked with the yellow curves. My potential entry level is at the cyan line. My potential take-profit is at the green line. Stop-loss is to be set to the high of the breakout bar (not shown on the chart).
Trade attivo:
Entry triggered at 1.10805 at 13:28 UTC today. SL = 1.11420, TP = 1.09294 (matter to change).
Trade chiuso: obiettivo raggiunto:
TP triggered at 1.09546 at 9:59 UTC today.
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