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JabezZinabu

EURUSD - Short setup

Short
Euro / U.S. Dollar (FX:EURUSD)  
JabezZinabu  
FX:EURUSD   Euro / U.S. Dollar
Trend Analysis Chart Patterns Fibonacci Cluster riskreward
2
0
trendanalysis chartpattern fibonaccicluster riskreward
Several factors pointing to potential bearish directional turn for EURUSD:
- Fibonacci cluster zone with 127.2 ext., 61.8 retr., 161.8 proj.
- High volume node retest as resistance
- retest of Weekly Supply zone dating back to 2014
- short term supply zone from 2/06/18

Looking for a higher risk reward on this trade with risk above 1.2440 and targeting 1.2080
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