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glorioustrades
Oct 12, 2017 4:46 PM

EUR/USD Alert!!! Short

Euro Fx/U.S. DollarFXCM

Description

EUR/USD has formed a Heads ~n~ Shoulders pattern but has yet to complete its right shoulder or break neckline. Technical analysis indicates a bearish move to the downside. At the time of this writing, a doji has formed @ resistance signaling bearish pressure is forming. If this doji candle holds its form and characteristics today, look for a possible short on the EUR with the first target at the neckline on the Heads ~n~ Shoulders pattern.

~Happy Trading~
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