EURUSD: Possible Head and Shoulder Pattern

28 ביולי 2017

EURUSD couldn't able to form a higher high yet and I can see a possible head and shoulder pattern forming as mentioned in the chart. We can see a good sell off in the coming sessions. Short-term traders can take their Short positions right now and can target 4 hour cloud.
Recommendations: Short at 1.1730 with Stop above yesterday's highs and target 1.15600.
Good Luck