SamKingsmith

EURUSD Short

Short
FX:EURUSD   Euro / U.S. Dollar
Once again I am looking to sell EURUSD:
-Price is at a strong daily supply/demand zone
-The Liquidity void from the EU referendum has now been filled
-Price is being rejected from an upper T/L
-Also consolidating at a previous support/resistance level.
-Could possibly be seeing the right shoulder of a Head and Shoulders pattern forming
My Last EURUSD short was stopped out but as I believe the longer term outlook for the pair is bearish, this looks to be a good chance to get involved.
RR 1:3.6
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.