EURUSD possible inverted head and shoulders pattern

Possible head and shoulders pattern.

Afternoon fellow traders.

Just a quick analysis, it looks like the EUR/USD might form a possible inverted head and shoulders pattern.

I will keep an eye on it to confirm, but if it hold support, then it will recover nicely next week. I might be a little too enthusiastic, but I have an order open at the 1.07865 level, hoping that it will be an inverted head and shoulders pattern.


Comments

Wadafox Trending this week?