EURUSD W TECHNICAL ANALYSIS

Updated
We are short on this pair and book profit @ 1.2000

Resons:
1. Bearish Bat
2. Strong rebound from resistance
3. ADX getting exhausted
4. Bend in trend @ 200 SMA

Will share smaller time frame chart to further elaborate it.

Let's Watch !!
Trade active
Heading towards 1.2

Reasons:
1. Bearish DMI Cross
2. ADX @ 27 that is perfect signal towards bearish momentum
3. CD Wave in progress.
4. Wait for the break of triangle and here we go !!

snapshot
Trade active
Note
Heading towards the target !!
Trade active
Trade active
Waiting for another head & shoulder pattern formation then a big fall ...

snapshot
Trade closed: target reached
300 PIPS PROFIT !!
Chart PatternseurusdforecasteurusdpredictioneurusdshortHarmonic PatternsTrend Analysis

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