SELL EURUSD Area: Pitchfork Upper Line Channel Pitchfork - Descending
Entry: 1.24200 - Median Line Target Profit: 1.21300 - Lower Line Next Target Profit: NIL Stop Loss: 1.25600
Reward Potential: 290 pips Risk: 140 pips
Reason: 1. Price rejected and made reversal on previous high/upper line high probability heading towards median line then lower line pitchfork. 2. US Dollar also have made rebounce on weekly lower line pitchfork. Expecting strong US Dollar in the coming weeks.