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Short

EUR/USD Short - 2 failed backtests to regain channel after break

FX:EURUSD   Euro Fx/U.S. Dollar
46 2 3
After the channel break, we have now completed 2 backtests with Monday and Tuesday's candles. Both candles failed to even pierce old support, now resistance, suggesting more downside. Fib downside targets on Friday's chart.
Good analysis. I agree.
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KoolAid SamuelHorton
Thanks Samuel, target reached and second downside target also reached as seen by the hourly chart I published called 'Helter Skelter'. I noticed your chart too, good analysis likewise. I hope you banked lots of $$$££££. Good Luck.
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