H&S chart pattern EurUsd

EURUSD has formed a H&S chart pattern at H4 timeframe with break of its H1 support zone confluence with its trendline support. The price now is in the breakout retest progress.

Expect a short-term bullish correction before a fall.

Look for short term sell opportunity at 1.0290 with stop loss at around 1.0330, take profit at around 1.0200.
EURUSDTrend Analysis

Declinazione di responsabilità