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MountOlympusFx

EURUSD SELL Daily & 4hr Breakdown

Short
Euro / U.S. Dollar (FX:EURUSD)  
MountOlympusFx Updated   
FX:EURUSD   Euro / U.S. Dollar
Trend Analysis Harmonic Patterns Chart Patterns EURUSD Forex
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trendanalysis harmonicpatterns chartpattern eurusd forex
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Daily: I do see price retracing up to 1.1316 daily resistance + 0.5 Fibonacci level creating a new lower high (LH).

4hr: Once 1.1316 resistance has been reached we need to see a bit of rejection ad for that level to hold before selling down to 1.1150 for our first. target.

happy trading
Comment:
Wait for price to touch blue area of resistance again on smaller timeframe the sell!
Trade active:
SL@ : 1.13822 (40pips)
TP@: 1.11568 (185pips)
Trade closed: stop reached
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