EUR/USD H1

 The pair has formed a Head and Shoulders and further downside is expected.

Sell below the neckline at 1.3325 with a stop loss placed above the neck at 1.3359 and a target near the next support at 1.3257.

Goldenschild Asset Management

http://www.goldenschild.com

Skype

hughes.andre

Views: 332

Comment by Oasis on January 14, 2013 at 7:36pm

Hello Andre

How much validity do you give a H&S pattern that forms on a 1 hr time frame? I mean would'nt you rather see it on 4H or daily? 

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