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Possible Short Trade In EURUSD Setting Up

Short
FX_IDC:EURUSD   Euro / U.S. Dollar
As of 09/01/2015 at 13:55 EST:

We have identified a possible Short trade in EURUSD.

We will be watching EURUSD for a breakout of this Triangle pattern to the downside. This is an emerging pattern with high probability. Wait for a close on the 30 minute chart below the lower trendline of this triangle pattern before initiating a position. Targets of 1.11500 - 1.11700 and 1.11000.

If this pair breaks up through the upper trendline this signal will be null and void.

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