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Profound_Ambition

EURUSD 4H

Short
Euro / U.S. Dollar (FX:EURUSD)  
Profound_Ambition Updated   
FX:EURUSD   Euro / U.S. Dollar
Support and Resistance Supply and Demand Candlestick Analysis EURUSD euro DJ FXCM Index reversal lowerlows downtrend breakout
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supportandresistance supplyanddemand candlestick eurusd euro usdollar reversal lowerlows downtrend breakout
Price is falling due to USD strength, plus breakout & retest of broken daily uptrend line. Now we see price making lower lows & lower highs. Watching for this 4 hour candlestick close if we can get a pin bar to 1.17500 area, I will look to take this pair short. We are on our way back down! : )

Trade with care
Comment:
DAILY View: * Moving averages are started to slope downwards as well. Some extra conformation!
snapshot
Comment:
Potential H&S Pattern setup for next week
snapshot
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