EURUSDH4
After strong price drop, the price entered a consolidation zone, which formed a triangle pattern. Also, we can see on the chart the head (1) and shoulders (2,3).
EURUSDH4
After strong price drop, the price entered a consolidation zone, which formed a triangle pattern. Also, we can see on the chart the head (1) and shoulders (2,3).
Do not agree that it is head and shoulders, actually level 3 is lower than it should be. It looks like head and shoulders, but be careful in forecasting.