I marked on the chart upside down head and shoulders plus important support which was created by GAP created 6th of November. EURUSD is bullish for some time important levels has been defended. I see here nice opportunity for a possible gain some profit. TP area is set by my calculations but it is quite possible that the pair will reach some new high levels in near future.
I witnessed in the last couple of years that during strong bullish movement when upside down H&S formation appear up trend has been continued for a quite long time. I will link two other My ideas so you can see how it worked for different pairs.
I witnessed in the last couple of years that during strong bullish movement when upside down H&S formation appear up trend has been continued for a quite long time. I will link two other My ideas so you can see how it worked for different pairs.
