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Euro / U.S. Dollar
Short

EURUSD Possible Short Term Swing Trade (4h Head & Shoulder)

By UmarAbdurRehman
Updated
EURUSD price action is trading within a multi-sessions bearish channel. Seeing a Head & Shoulder pattern on the 4hour chart on this market, momentum have been weakening across the short term time frames as well, expecting another move lower towards the 100% of the Fibonacci projections and even to 1.27% in the near term.

Trade Safe!
Trade active
snapshot
Trade active
snapshot Banked half position at 1.1213 around 12th June low.
Trade closed: target reached
Closed the trade at 1.1195
Chart PatternsEURUSDeurusdanalysiseurusdforecasteurusdlongeurusdoutlookeurusdpredictioneurusdselleurusdshorteurusdsignalTechnical IndicatorsTrend Analysis
UmarAbdurRehman
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