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4xbullion

LONG ERUUSD AT CMP 1.2397

Long
Euro / U.S. Dollar (FX:EURUSD)  
4xbullion  
FX:EURUSD   Euro / U.S. Dollar
2
1
The pair might reverse after reaching the head & shoulder target (see tag). There is bearish divergence, double bottom and previous structure has held on shorter timeframe. Target is at 50-61.8% retracement, stops below previous lows.

Trade Type: Trend Reversal
Price: 1.2397
Target: 1.2457
Stops: 1.2354
R/R Ratio: 1.5

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