Mo_Rashid

CLEAR Shorting position taking shape on EURUSD

Short
FX:EURUSD   Euro / U.S. Dollar
The EUR failed to break the highs (4 hr time frame). Wicked for a couple of hours at the top before it finally dropped. Broke the uptrend that was supported by the up trending trend line ,went back up retested the trend line and failed to break. Waiting to jump in for shorts around the yellow box that is the golden zone on the Fibonacci( 50-61.8) which acted as previous support and resistance (4 hr time frame) which is also around the descending trend line as well. Multiple confirmation for shorts presenting its self .

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