- EUR/USD may be forming an Inverse H + S pattern
- Inherently bullish pattern
- Second shoulder is forming at the support level found by the first
- Price would need to break through the indicated blue neckline resistance of the pattern
to justify entering a long position
- If price were to break lower than the indicated orange shoulder neckline support
then this pattern would be invalidated
THIS IS NOT TRADE ADVICE NOR A TRADE CALL
- Inherently bullish pattern
- Second shoulder is forming at the support level found by the first
- Price would need to break through the indicated blue neckline resistance of the pattern
to justify entering a long position
- If price were to break lower than the indicated orange shoulder neckline support
then this pattern would be invalidated
THIS IS NOT TRADE ADVICE NOR A TRADE CALL