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EUR/USD 4H SHORT

Short
Euro / U.S. Dollar (FX:EURUSD)  
julez  
FX:EURUSD   Euro / U.S. Dollar
Trend Analysis Technical Indicators Chart Patterns eur_usd short Technical Analysis USD
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trendanalysis indicator chartpattern eur_usd short technicalanalysis usd
EUR/USD May fall 100+pips
Insight: Price moving in an ascending channel just below resistance at 1.1199. Price is likely to continue upwards and hit resistance before reversing to support at 1.0947

Intraday - 4H
Trade: Sell
Sell or Below 1.1140
Entry: 1.0906
Target TP: 1.1021 & 1.0947
Pivot and Support 1.0947

Alternative scenario:

Trade: Buy
Buy or Above: 1.1199
Target TP: 1.1245 & 1.1.3205
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