Short EURUSD but wait for confirmation

FX:EURUSD   Euro / U.S. Dollar
169 4 4
Price has not managed to break through the resistance zone even with RSI above 50 and higher Lows being formed.

If price breaks down from here and closes below the daily fractal , price should move to .272 extension area.
If your correct and we double top/H&S shoulders here - conventional target would be a lot lower!
99nines FXTechs
9991 will probably do it.. if we fall below that disaster.
+1 Reply
FXTechs 99nines
Absent a break above recent highs, triangle top - doomsday scenario probable!
99nines FXTechs
My only worry is a spike up to 1.115 first ;(
+1 Reply
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