PriceActionTrading
Short

EURUSD SHORT TRADE

FX:EURUSD   Euro/U.S. Dollar
369 2 6
D1 PRICE CREATED A 2 BAR INDECISION DOJI , DARK CLOUD COVER.
2ND BAR CLOSING BELOW 50% OF 1ST BAR.
D1 50SMA SUPPORT
FLAG PATTERN?
DOUBLE TOP?
CORRELATION WITH EURGBP             SUGGEST SIMILAR SHORTING

LOOK FOR H4 REJECTION PATTERN/PIN BARS NEAR 1.097

SUBSCRIBE AND LIKE MY IDEA IF YOU WOULD LIKE TO SEE MORE!
HAPPY PIPPPPPPPPPPPING.
PRICE CLOSES AT ITS LOW LAST TRADING DAY. POTENTIAL FOR MORE AND BREAK OF THE ASCENDING TRIANGLE FOR THAT MATTER.
AND WHEN IT DOES, I AM AIMING THE 1.05 REGION.
DO NOT MOVE SL TO B/E JUST YET AS PRICE CAN SPIKE TO OUR ENTRY POINT BEFORE GOING BACK DOWN.

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H4 REPRESENTATION OF MY IDEA.
snapshot
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