i’ve added a line running parallel to the neckline on that potential H&S pattern on the 4 hour EUR/USD chart that i’ve been tracking to illustrate how prices can either turn down at anytime or even push a little higher and still maintain nice symmetry on the pattern as a higher right shoulder would be normal with an up-sloping neckline. this still remains a potential pattern until we see that right shoulder completed, particularly on an impulsive move back down to the neckline. until then, the market continues to grind higher on the falling $USD….albeit without the usual assistance of AAPL so far today.
