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Euro / U.S. Dollar
Short

Correction Pattern to Short at Pullback

By phol
Updated
Based on the Daily Timeframe, the eurusd is in the correction ABC pattern which is now on A to B after hitting a Daily TF resistance line. if the price pullback to 1.16400 which is a previous support and resistance then it is time to trade short.
Trade active
Sell Trade open @ 1.16162 with 40 pips SL and 100 pips TP. Reason is the stochastic is already crossing.
Trade closed: target reached
Wave Analysis
phol

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