Sphinx_Trading

EUR/USD: +250 pips short opportunity (pivot included)

Short
FX:EURUSD   Euro / U.S. Dollar
- Price sweep the last high at 1.10800 and started consolidating building liquidity at supply area.
- Considering a huge pole of liquidity also below Equal lows at 1.09400.
- price may drop to 1.06500 demand zone.
* Pivot: 4h closure below 1.09400
Comment:
- 4h closure below pivot
Comment:
- 1h Closure below 1.09100
Comment:
- Weekly closure with +100 pips.
Comment:
- Price dropped +180 pips from pivot price.
- We broke the our main low at 1.08400 (change of character)
- We may have a major retest to supply zone at 1.09000.
Trade closed: target reached

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