Euro / DollaroShort
#EURUSD long to the right shoulder and short it again there.
Hello fellow traders and investors,
This pair is developing a head and shoulder topping formation, yet the right shoulder isn't that convincing yet. Now it's not on the same high as the left one and the channel resistance shows confluence with that level.
Therefor we will long until that point and sell from there, at least until the neckline and further. See our earlier short call on this pair in the related ideas below. We called the top and it was right on time.
Good luck and don't forget to give us a thumb if you like our analysis! If you have any questions or want us to analyse a specific pair, feel free to contact us.
Regards, ValescoTradingGroup
This pair is developing a head and shoulder topping formation, yet the right shoulder isn't that convincing yet. Now it's not on the same high as the left one and the channel resistance shows confluence with that level.
Therefor we will long until that point and sell from there, at least until the neckline and further. See our earlier short call on this pair in the related ideas below. We called the top and it was right on time.
Good luck and don't forget to give us a thumb if you like our analysis! If you have any questions or want us to analyse a specific pair, feel free to contact us.
Regards, ValescoTradingGroup
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