EURUSD SHORT HEAD & SHOULDER TRADE SETUP

Hi traders:

EURUSD has been going up massively after the result of the French Election. Now the daily chart is way over extended, and in need of a pullback. We are seeing some resistance around 1.1230 area, and bearish momentum start to come into play.
1 HR chart potentially is forming a Head and Shoulder pattern, looking for a lower high to develop as the right shoulder to enter the short position.

Target 1: 1.1110 (3.17% Profit)
Target 2: 1.1000 (6.83% Profit)

Thank you for your support and feedback.

Commento:

Trade attivo

Trade chiuso: stop raggiunto