Break of neckline{EUR/USD}

Looking for a buy after break of neckline on head and shoulders pattern. Looking to take profit just before 1.62 Fib retracement level. Putting stop loss just below neckline.

Reasons for bias:
Bounce off elevating trend line
Head and shoulders pattern
Bullish stochastic on daily time frame
Bounce off 60 EMA on hourly time frame
Chart PatternsTechnical IndicatorsTrend Analysis

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