EURUSD Short - Breakdown + Pullback + Pin Bar

By joaogoncalves
Updated
EURUSD broke down the support structure, pulled back to retest it and got instantly rejected forming a pin bar on the H1 and H4 timeframes.

Therefore we short EURUSD:

Entry: 1.15
SL: 1.1555
TP1: 1.1410
TP2: 1.1310
Comment
Also forgot to mention: right on top of the 61.8% retracement of the last move down.

snapshot
Bearish PatternsChart PatternsdollareuroEURUSDeurusdshortForexfxshortTrend Analysis

Disclaimer