EURUSD M15: The formation of the Head and Shoulders pattern has completed
In the current timeframe, there is a decrease in the selling interest. This may lead to the reversal of EURUSD.
The chart shows that the price has broken through the green Neck Line, which confirms the completion of the Head and Shoulders pattern. This breakout is a key signal for a possible price increase.
Thus, based on EURUSD, it is recommended to focus on opening long positions. The market entry point is warranted at the current level or upon the retest of the support level.
📌 Entry: 1.18034
✔️ First target: 1.18371
✔️ Second target: 1.18466
❌ Stop order: 1.17737
