Lawrence_G

EURUSD POSSIBLE SHORT

Short
FX:EURUSD   Euro / U.S. Dollar
There are equal highs at 1.1585 and BUYSIDE liquidity that needs to be cleared above the highs. Hence I expect the price to clear these highs by respecting the bearish OB at 1.1600 where there is also an optimal Fibonacci level. From 1.1600 to 1.1620 we expect the price to drop with our first TP zone at 1.1550. Note that this move will manipulate trendline traders planning on going long.

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