EURUSD - SEPT 27 - BEARISH CONTINUATION?

This is my updated view on EURUSD in 4-HOUR CHART. Price seems to be forming an inverted head and shoulders pattern, with the right shoulder completing at around 1.1500.

On 1-hour chart, it also broke a short term bullish channel. Waiting for a corrective price action before entering a sell.

Entry, SL and TP will be in the update section, for now it is best to stay out.

Feel free to comment and give a like!

Commentaire:

Ideal entry to sell is at the retest of the broken horizontal support/resistance in 1-hour chart.

Entry: 1.1730-1.1740
Stop loss: 1.1780
Take profit: 1.1636, 1.1590, 1.1520

Commentaire:

+100 pips profit!