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Marwan_Moallem

Simple Market Structure on EURUSD coinciding with Fib Rejection

Short
Euro / Dollar Américain (FX:EURUSD)  
Marwan_Moallem  
FX:EURUSD   Euro / Dollar Américain
Trend Analysis Chart Patterns
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trendanalysis chartpattern
Simple Market Structure on EURUSD coinciding with Fib Rejection

this shows you that the 2 LL's were not so strong, so they got bypassed easily, then it also shows you that the price couldn't make a new higher high, which means there is not so much interest in buying EUR at this high price, so it went down and may need to revisit the previous low again
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