themantrafx

EURUSD Short-Term Sell Opportunities

Short
themantrafx Updated   
FX:EURUSD   Euro / U.S. Dollar
Why to short EURUSD right now?
Technical Analysis for EURUSD :
1. EURUSD Higher Time Frame shows a downtrend in General (Yellow Trend-Line)
2. Previous support become resistance (red box)
3.Head and Shoulder Pattern Broke Down and Previous Neck-Line confirmed as a resistance.
Trade active:
Entry at 1.09885
SL 1.10270(-40 pips)
TP1 1.09670 (+20 pips)
TP2 1.09370 (+50 pips)

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