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KennyBong

Wait for H4 rejection happened to confirm the channel rejection

Short
Euro / U.S. Dollar (OANDA:EURUSD)  
KennyBong Updated   
OANDA:EURUSD   Euro / U.S. Dollar
Trend Analysis Support and Resistance Parallel Channel
6
0
trendanalysis supportandresistance parallelchannel
The price now is basically spot on the top channel, expecting a rejection to happen. Once confirm will entry sell aim TP at the lower channel.
Comment:
On top of that:
1. we are now testing the previous support line that now act as resistance.
2. Forming of double top.

all we need now is the rejection confirmation.
Comment:
so far 0 rejection found. trade will be cancelled after this H4 close if no rejection.
Order cancelled:
trade cancelled as H4 did not reject as expected.
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