AMTrader

EUR/USD Bearish Head & Shoulders Pattern

Short
FX:EURUSD   Euro / U.S. Dollar
EUR/USD

Bearish head & shoulders pattern. If price does not manage
to close above last nights gap then I expect further bearish
pressure.

Enter once price has closed below 1.1809
Target 1: 1.1709 (61.8% Fib level)
Target 2: 1.656
S/L: 1.1874

Happy trading
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