EURUSD Long | Bullish Inverse Head and Shoulders Complete

11 בספט׳ 2023

EURUSD seems to have completed its pullback from a high of 1.128 in mid July. We can say this after considering a bullish inverse head and shoulders pattern forming following the last swing high reached in early September.
Price is about to cross neckline, and when it does a long opportunity will open up.
There is also a bullish RSI divergence on the 1 hr chart around the last swing low.

Manage your risk and trade safe. Good luck.

13 בספט׳ 2023

הערה

Trade failed. Sorry.
Right now my mistake seems to be that I didnt set the stop loss down to the last key support levels, choosing instead to keep it just a hint below the last swing level. My bad.