salsapete

EURO Channel Short

Short
FX:EURUSD   Euro / U.S. Dollar
Euro may be carving a channel. Wave count possibly in an ABC correction.

Suggested short on chart

Entry - around 1.1835

Stop - just above B

Target to C - confluence of supporting and horizontal trendlines, and approaching monthly S2 pivot and the 200 D MAV.

Risk Reward = 1.9 :)
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