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UmarAbdurRehman

EURUSD Possible Short Term Swing Trade (4h Head & Shoulder)

Short
Euro / U.S. Dollar (FX:EURUSD)  
UmarAbdurRehman Updated   
FX:EURUSD   Euro / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators EURUSD eurusdshort eurusdprediction eurusdforecast eurusdlong eurusdsignal eurusdanalysis eurusdoutlook eurusdsell
20
2
trendanalysis chartpattern indicator eurusd eurusdshort eurusdprediction eurusdforecast eurusdlong eurusdsignal eurusdanalysis eurusdoutlook eurusdsell
EURUSD price action is trading within a multi-sessions bearish channel. Seeing a Head & Shoulder pattern on the 4hour chart on this market, momentum have been weakening across the short term time frames as well, expecting another move lower towards the 100% of the Fibonacci projections and even to 1.27% in the near term.

Trade Safe!
Trade active:
Trade active:
snapshot
Banked half position at 1.1213 around 12th June low.
Trade closed: target reached:
Closed the trade at 1.1195

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