EURUSD short, pennant pattern meets overall downward trend 1:4 Short

Euro Fx/U.S. DollarFXCM

Description

⋅ Jan 31, 2015 6:33 PM

EURUSD will follow pennant, which narrows, and pinches exactly at top of general trend downwards. Expect a big drop in and around start of London session 5 February 2015.

Entry 1.1326
SL 1.1382
TP 1.1100
Risk/reward 1:4