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BESTY
Apr 26, 2017 5:54 PM

EURUSD SHORT Short

Euro Fx/U.S. DollarFXCM

Description

Intradays forming rising wedge pattern as for most euro pairs due to the large upside gap over the weekend. A break to the downside and quick retest of pattern. Targeting 1.081 which is a semi-decent support level (just shy of the height of the wedge formation). Stop-loss places above the 1hr 50ema, bottom of rising wedge, daily pivot and 0.618 fib levels
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