RCP
Short

EURUSD: Buy USD

FX:EURUSD   Euro Fx/U.S. Dollar
Hello traders.
Today on FX:EURUSD             we have very nice structure based short opportunity, that is double top. We see that price tested the structure resistance and now, if the price retests the structure level @1.1243, but doesn't close above the resistance, we should go short on NBM. Besides there are very good confluences here:
  • Left top is overbought
    Bearish divergence is going to form
    Very nice resistance, look left
    Fibs 61.8 of AB leg

Our profit target will be the Green Zone which is 38.2 fibs of CD leg and 61.8 fibs of BC             leg. Besides we have weekly PP up there.

So, get ready to sell EUR.
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