InvestingScope
Short

Resumed trading the Rectangle. Trend switched to bearish.

FX:EURUSD   Euro / U.S. Dollar
The Inverse Head and Shoulders scenario came to fruition as after EURUSD got rejected at 1.17310, it reversed, tested and crossed the 1.15531 Rectangle's support. After it makes a Lower High near 1.1590, the 4H Channel Down ( RSI = 43.992, Highs/Lows = -0.0012) will aim at the 1.1510 1D support. If crossed then we should be looking at a first quick 1D gap fill to 1.1390. At the moment we are short, TP = 1.1450.
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Was looking towards this idea as well. Its a shame the Dixie didnt like the idea. :(
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Looks Good for 2 week Run it seemes
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