knight721

H & S Forming for a Short Position!

Short
knight721 Updated   
OANDA:EURUSD   Euro / U.S. Dollar
The 4hr chart is forming a nice head and shoulders pattern as the right shoulder should reach a major supply zone @1.1500 as well as my 72% Fib. The pair was in a nice upward channel then created a lower low (1.1289) that broke the channel and now is going to retest the 1.1500 supply zone, then should start selling off.
Comment:
You may have to scroll more to the left to get a better view of the H & S pattern
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