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PlazoSullivanRocheCapital

Short EURUSD from 1.2050

Short
Euro / U.S. Dollar (FX:EURUSD)  
PlazoSullivanRocheCapital Updated   
FX:EURUSD   Euro / U.S. Dollar
Trend Analysis Harmonic Patterns Chart Patterns
1
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trendanalysis harmonicpatterns chartpattern
Await the ratracement to the fibonacci at 38.2% marked on the chart and take a risk free trade SHORT from 1.2050 - that is is if all indicators are bearish on the 4H chart
Comment:
The price will drop conceivably 250 to 300 pips after being rejected at 1.2050 zone
Trade active:
The retracement to 1.2050 had occured as expected with the pair ready to drop. . TP 1st target at last swing low
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