jutkarsh

EURUSD 2 short scenarios

FX:EURUSD   Euro Fx/U.S. Dollar
68 0 2
Scenario 1:
Earlier price made double top and broke the neckline, forming the range. It broke the range and next target was 1.0393. Now price is making pullback to retest previous double tops to form triple tops before heading south. One has to monitor PA near 1.0715 to short EURO             for T1= 1.0715, T2= 1.0393.

Scenario 2:
The price is forming bearish Bat pattern at 1. 1333             and one can take position accordingly.

Happy pipping.

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