DokuFX

EURUSD BEARISH BIAS 20.10.04

FX:EURUSD   Euro / U.S. Dollar
Head and Shoulders or Double Top
Potential of these two Bearish patterns coming up.

Confirmation on the Fibonacci will be supported
by price breaking through 1.17000/1.16900
Selling only if price breaks solid
below 1.16900, exit at 1.16449

Bearish Bias is wrong if price breaks
solid (not wick) above 1.17550/1.17600
Bullish Rectangle / Bullish Pennant continuation pattern will form.

This post does not provide financial advice. It is to provide and contribute my trading ideas.
Trade with courage and caution.
May the pips be in your favor.


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