EUR/USD Potential SHS pattern

If the larger SHS emerges then a short with very tight SL (just above the top-trendline down). Target could be fib 55 / or buttom trendline.
Maybe this could be Wave 1 and Wave 2 as well... then hitting buttom trendline could indicate long wave 3 take it to fib 161

Zlecenie aktywne:

It turned just under expected, but matching a significent low from june 2010.
Next critical point - crosing the neckline to complete the SHS

Komentarz:

Finally the orange Head & Shoulder have been compleated... lets fall some more, then back up to confirm neckline and then down.

Komentarz:

Awaiting a test of the neckline to confirm Head & Shoulder pattern and I will add to my position - could be 1.166 to 1.72

Komentarz:

Added to my short

Komentarz:

SL moves closer to neckline during today

Zlecenie aktywne:

Adding to my short 1,164

Zlecenie aktywne:

Adding to my short at 1,172 ish
The 1,164 part of the position hit it's SL sometime ago

Zlecenie aktywne:

1,172 ish was not the best idea and fairly quickly hit it's SL
I'm on it again though with a new short at 1,1845 and of cause with SL set

Komentarz:

Need to see the turn down very soon or the overall trade will hit is's SL

Zlecenie aktywne:

Added to my short 1,185 tight SL as always

Transakcja zakończona: osiągnięto poziom stop

Komentarz:

Mostly profit, but not fully as planned... maybe it's an IHS now...