#invertedheadandshoulderpattern

[traderpulse]

EUR/USD Technical Analysis ~~ The counter is in a strong bull trend. ~~ It consolidated for a brief period within a bullish flag and now has broken out. ~~ Further, it has formed an inverted head and shoulder pattern within the flag which indicates the absorption of selling pressure. ~~ Hence, we expect the counter to remain bullish in the short and near-term. Get the free analysis now: Android: https://play.google.com/store/apps/details?id=com.traderpulse.analysis IOS: https://apps.apple.com/app/forex-analysis/id1358603638 Web: https://analysis.traderpulse.com

[traderpulse]

EUR/JPY Technical Analysis --> The pair did a long accumulation in the form of an inverted head and shoulder pattern. -->It finally broke out and has been consolidating in an ascending triangle (continuation) pattern since then. -->Hence, we expect the pair to have a strong bull run when it breaks the resistance level of 122.5. Get the free analysis now: Android: https://play.google.com/store/apps/details?id=com.traderpulse.analysis IOS: https://apps.apple.com/app/forex-analysis/id1358603638 Web: https://analysis.traderpulse.com

[traderpulse]

USD/CHF Technical Analysis ~~ The counter has been currently in bearish ABC structure. ~~ It completed wave B and formed an inverted head and shoulder pattern at the low. ~~ Now, it is breaking out the pattern as well as a bearish trendline. ~~ Hence, we expect the pair to be bullish in the near-term. Get the free analysis now: Android: https://play.google.com/store/apps/details?id=com.traderpulse.analysis IOS: https://apps.apple.com/app/forex-analysis/id1358603638 Web: https://analysis.traderpulse.com