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The_Cannalyst

Retest of the BO-Niveau

Short
Euro / U.S. Dollar (FX:EURUSD)  
The_Cannalyst Updated   
FX:EURUSD   Euro / U.S. Dollar
47
8
Visualization of the present cycle (yellow)
After the break of the trendline, eurusd is trying to recapture this breakout-niveau.
Perhaps a H&S will be formed. (H&S-TPs : Min: 1.09631 / Max: 1.09526)
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Prices above the Head will brighten the chart in the shown timeframe

Introduction into 1-2-3 Trading Pattern
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action point: Will the downtrend break or a new "3" built?
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orientation.
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microstructure
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adjusted view:
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eurusd bombed away the downtrend
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