EUR/USD 3 October - Intraday setup on H1

Hello,

On the EUR/USD H1 chart we are probably confirming the right shoulder top of a Head and Shoulders formation, with the top in the resistance of the descendent channel, where it seems to be rejected..The price is currently testing its 200 period SMA.We can sell according to my chart here.Our stop loss will be situated outside the channel.You can adjust the take profit to your own preference.

EUR/USD H1

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