• Vasily Trader

EURUSD: How to Short With Confirmation?

Update for EURUSD .

Standing on a strong daily horizontal resistance,

the price formed a head and shoulders pattern.

I am waiting for its neckline breakout (hourly candle close below) to short wisely.

Targets will be: 1.177 / 1.175

In case of a bullish breakout of a head level (new higher high), the setup will be invalid.