mofk21b

EUR/USD - Potential head & shoulder pattern

Short
OANDA:EURUSD   Euro / US-Dollar
EURUSD

Well this is my first ever post, looking to improve my analysis and English (as well) along the way. Thanks for any feedback.

After this pair has broken the major resistance zone (1.1613-1.1714), price reached higher and made a corrective move back to the zone(now become support zone) - making another opportunity for buyers to jump in. After making new high (1.2089), it's now coming back to the zone.

In my opinion, EUR/USD is forming head and shoulder pattern in daily chart. I'm expecting price to reach around 1.1910 to short and break below the 1.1613-1.1708, with TP1: 1.1475, TP2: 1.1105

Disclaimer: this is just my own analysis, please trade at your own risk and good luck.
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