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swiperfx
Oct 8, 2019 12:29 PM

EURUSD, Short Probability 

Euro / U.S. DollarFOREX.com

Description

Here we have a potential option to short the EURUSD to get a decent risk/reward. If we wait for price to reach 1.0920 handle, we might be able to find sellers who want to keep price within the daily descending channel, the dominant trend direction since January of this year. Otherwise, EURUSD could also break out of the pennant pattern earlier than expected where we'd catch a break and retest of 1.0950
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