Here on the EURUSD 1HR time frame a nice head and shoulders reversal pattern has formed. Yesterday the EURUSD hit a all time 2 year Hi which could potentially indicate the reversal of the strong bullish trend. Now, we can see a distinct neckline and price has now broken out of the neckline. Over the next couple of days i am hoping to see a gradual expansion into a bearish downtrend with targets of previous levels of structure.
Please feel free to tell me any improvements i could do as i am not experienced i am only a beginner.
Thanks.
Please feel free to tell me any improvements i could do as i am not experienced i am only a beginner.
Thanks.