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thegrowmoneymovement
May 14, 2017 3:42 PM

EURUSD - POTENTIAL H&S BEARISH CORRECTION CONFLUENCE.. Short

Euro Fx/U.S. DollarFXCM

Description

A very hard call. What originally looked like longer term bullish trend could take a turn looking for a pretty deep retracement (618 noted on chart). This is also in confluence with what appears to be a potential Head and Shoulders pattern. The 618 retracement is in perfect confluence with a 1.414 extension of the swing high.

Order cancelled

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