gamblac
Short

EURUSD 4h Short

FX:EURUSD   Euro / U.S. Dollar
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In my view EURUSD on daily is in ranging period with a little bearish bias. I was looking for entering a range trade where upper boundary is the rejection from 1.32014 and support at 1.27384
I think a head & shoulders pattern was broken on a 4H chart, this prompted me to enter the trade.
CONS: The stop loss might be a little tight for this trade as it wasn't placed above the right shoulder but at smaller correction level 1.3080

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