EURUSD 4H chart Inverse H&S producing a
breakout
Additional confluences:
- Bullish market structure, the price is forming the
pattern around the support range fro m the
previous major high points
- Head of the inverse H&S pouncing from the
0.618 Fib
- MACD produced a Bullish cross a while back and
now it's providing bullish continuation
- Price bounced from the 200 SMA and now it's
above the 20 and 50 EMA. Monitor the 20 and 50
for a Bullish cross