hpter
Short

EURUSD Descending triangle structure

FX:EURUSD   Euro / U.S. Dollar
50 0 5
EURUSD             4H chart is currently forming a descending triangle .

Look to short with good entry point at the high of the triangle (Resistance)
notice that pattern is confirmed with decreasing volume , breakout should see a spike in trading volume .

Trading idea
SL: 1.12500 (just above double top pattern)
TP: 1.10500 (psychological level, also widest distance of pattern)

Good luck!
Comment:
Comment: The next candle is key, as it carries the US market sentiment.

fail to break the resistance might see short term downtrend
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