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RiosTrades

EURUSD HEAD AND SHOULDER PATTERN!!!

Short
Euro / U.S. Dollar (FX:EURUSD)  
RiosTrades  
FX:EURUSD   Euro / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators forextrading EURUSD greenback euro Head and Shoulders Bearish Patterns shortopportunity DJ FXCM Index wallstreet
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trendanalysis chartpattern indicator forextrading eurusd greenback euro headandshoulders bearish shortopportunity usdollar wallstreet
Price Action (Technical Analysis): After a successful breakout of the head and shoulder pattern we find ourselves in a very volatile area with
#1 Price retesting Daily Head and Shoulder Neckline
#2 Price Retracing to Neckline Structure is also the Downtrend 61.*% Fibonacci Retracement
#3 Downtrend Confluence
#4 Long wicks in the Daily time frame and closes below retracement level
waiting for candlestick confirmation....

Fundamental Analysis: None.
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