SzymonBlaszczynski
Short

Short shooting star EURUSD h4

FX:EURUSD   Euro / U.S. Dollar
85 0 0
There is a short shooting star/hammer pattern visible on h4 chart, which I tend to use often which means exhaustion of the correction. I'm looking for breaking a trend line of lows below the recent low which is also a support and round number (1.28) and continuing the price move towards the next bigger support (1.274). Then I'm waiting to hit the profit target about 1.2755 on the low of April's swing. Entry point is few pips below the pattern. Stop loss is placed few pips above the formation. There is also a short evening star pattern, which only encourages me to take a trade.
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