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TimeTravel_0

EURUSD bullish bounce in a downtrend

Short
Euro / U.S. Dollar (OANDA:EURUSD)  
TimeTravel_0 Updated   
OANDA:EURUSD   Euro / U.S. Dollar
Trend Analysis Trend Lines Chart Patterns EURUSD Forex shortset megaphone
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trendanalysis trendline chartpattern eurusd forex shortset megaphone
I think that the EURUSD has more room to move to the upside in this megaphone but the primary trend is down. I'm not trading it to the upside but I'm looking or anything over the 50% line as opportunities to open short positions
Trade active:
Damn didn't even get a chance to recover. Entering a short position ahead of a break.
Comment:
Successful break of the megaphone. Technically its a success. But it is finding major support into the weekend. Media is pushing the Fed is not done and they are hawkish while the EU is acting dovish. This will strengthen the dollar.
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