EURUSD Short after Long Run
Structure: Upward
Moving Average: Uptrend
Trendline: Testing Daily TF Downtrend Line
Pattern: V-Shape Rebound to important Resistance (previous H&S Shoulder High), Dark Cloud Cover on 4H TF
Trigger: Daily TF closed with relatively long wick, breaks down of yesterday's low
Support: 1.10
Resistance: 1.1180 - 1.12
Wait for 1H little bounce to get a better R:R, entry area: 1.1120-1.1130
SL: Close above 1.1190
1st Target: 1.10
2nd Target: 1.09
Moving Average: Uptrend
Trendline: Testing Daily TF Downtrend Line
Pattern: V-Shape Rebound to important Resistance (previous H&S Shoulder High), Dark Cloud Cover on 4H TF
Trigger: Daily TF closed with relatively long wick, breaks down of yesterday's low
Support: 1.10
Resistance: 1.1180 - 1.12
Wait for 1H little bounce to get a better R:R, entry area: 1.1120-1.1130
SL: Close above 1.1190
1st Target: 1.10
2nd Target: 1.09
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