20181204 19:03 EURUSD M15 finished M-formation targeted 50 pips

FX:EURUSD   Euro / U.S. Dollar
Since the day opening, EURUSD in M15 TF has been rising until it hit the Friday's High level (dashed upper green line) manually extended from the auto-generated by Graph Reader Pro 4.0 Invited-only-script. On 20181204 19:03 EURUSD M15 finished M-formation around this green line of 1.14000 USD/EUR. The completed M-formation allow a selling opportunity with a price target of at least 50 pips downward. I was driving and just have a chance to post this. The confirmation of SMA3 crosses down SMA13 had already occurred.
Dec 04
Trade closed manually: The target of at least +50 pips downward has been met. This was a classic Market Maker's movement.


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