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EUR/USD - Inverted Head and Shoulders Pattern

Last week, EUR/USD fell to 1.2860 and was in consolidation. We can see in the 4H chart, a triangle pattern that was broken on Friday. We can also see that there is an inverted head and shoulders pattern with a neckline at 1.2987. This also suggests that EUR/USD is seeking a price bottom. 

(EUR/USD 4H Chart 9/15)

Will this price bottom stick? In the 1H chart, we can see that there is a cluster of the 100-hour and 50-hour simple moving averages around 1.2920. If price falls below 1.2920, there is likely to be a bearish continuation toward the 1.2860 low, and the 1.28 handle. 

Also, we can see that the neckline and the 200-hour SMA still need to be broken for the bullish correction outlook this week. Also, the 1H RSI is showing bullish momentum building up, and if it can stay above 40, the bullish correction scenario is likely this week.  This scenario has upside risk to 1.3110 level, which was a previous support pivot, and possibly the 1.3160 support/resistance pivot.

(EUR/USD 1H chart 9/15)