EURUSD as mentioned earlier was a buy. Right now, we will be forming a head and shoulders for the bullish impulsive leg. The support level will determine the the bounce off the support level. The price is at 1.1725.

The golden retracement level of 75-78.6% is also aligned on the support level. 

The descending trendline has also breached out for breakout buys. 

The EMA's are the profit targets for the buy positions. 

Both the oscillators are currently in a bearish region, near their neutralized levels. We will see how osicllators play out once our buy position is tapped.

EURUSD Head and Shoulder for buys

Sep 24 2021

Stop Loss -0.29%

Holding time 3d18hr

1.17170

Entry price

1.16830

Stop loss price

2