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Profound_Ambition

EURUSD 4H

Short
Euro / U.S. Dollar (FX:EURUSD)  
Profound_Ambition Updated   
FX:EURUSD   Euro / U.S. Dollar
Trend Analysis Fibonacci Trend Lines EURUSD euro DJ FXCM Index Supply Zone downtrend retest
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trendanalysis fibonacci trendline eurusd euro usdollar supplyzone downtrend retest
Watching price to see if we can get a short pulling back to the 61.8 fib or a 3rd touch to the downtrend line. Lets see if we can get some strength for the dollar next week as price is currently sitting above support on DXY..
Comment:
On the daily it still looks like there is some room for price to make a couple more candles to complete its right shoulder. Im thinking to about 1.19100 area will complete the pattern
snapshot
Comment:
if price reaches trend line, I will put a 30 pips stop. 1.19250 Is a strong resistance level, if price closes above a downtrend is no longer valid..
Comment:
price broke 1.18000/38.2 fib I am short ...
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