ahgillani

EURUSD W TECHNICAL ANALYSIS

Short
ahgillani Updated   
FX:EURUSD   Euro / U.S. Dollar
We are short on this pair and book profit @ 1.2000

Resons:
1. Bearish Bat
2. Strong rebound from resistance
3. ADX getting exhausted
4. Bend in trend @ 200 SMA

Will share smaller time frame chart to further elaborate it.

Let's Watch !!
Trade active:
Heading towards 1.2

Reasons:
1. Bearish DMI Cross
2. ADX @ 27 that is perfect signal towards bearish momentum
3. CD Wave in progress.
4. Wait for the break of triangle and here we go !!

Trade active
Comment:
Heading towards the target !!
Trade active
Trade active:
Waiting for another head & shoulder pattern formation then a big fall ...

Trade closed: target reached:
300 PIPS PROFIT !!
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