There are 3 possible setups on EURUSD. Breakout setup will be activated once H4 cam level has been broken, around 2846. It should lead straight to 2885. Due to inverted head and shoulders, trend is bullish on intraday timeframe , but as I already explained Inverted H & S can be countered. 2835-40 is the region for counter trend setups and 2770-60 is the POC zone for trend trades.

EURUSD

The analysis and the article presents Nenad's opinion. Remember, financial trading is highly speculative & may lead to the loss of your funds. Proper risk management is the Holy Grail of trading.

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