This inverse head and shoulders is not formed in a downtrend to be qualified .
Jack19
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It won't probably rise so be careful,
KhachonsakSukkaew
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Please give a sl and TP, thank you
Enjey
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Weeeeeell
fvadet
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Looking at the day chart you could argue that a SHS is emerging that could takes out of the uptrend and neutralize the IHS on the 1h chart. I have drawn them both and are watching closely
anarchyinvest
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@tnitrader, I agree EURUSD is on a generally trend up, while bouncing between a channel. I also agree with @Jack19 that in order for an accurate invest head and shoulders to be claimed, it is from a reversal of a downtrend. Now, on the flip side, it could easily break out of either side of the channel at any second as we are seeing highs that we haven't seen since 2014. Also, at its current price we are seeing an address of a S/R line that was established in July 2012, May 2010, and multiple times in 2004-2006. In giving buy or sell, I would say wait for anything above 1.230 to buy and watch for a bounce/downtrend breakout to sell over the next week.
goldbug1
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the inverses seem to be popular today. Nice chart!
MarketMiracleAdvisor
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Sorry.. but BTC / USD is short
volkansd
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inflation going lower again ....crisses part 2 ????
tnitrader
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My 2017 forecast of EURUSD say that it is going to move Up with minor dips . these dips should be bought till it break it major trend https://line.https://www.tradingview.com/chart/EURUSD/HTZphEca-EURUSD-MOVING-AS-EXPECTED-IN-2017-FORECAST/