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FXEntries

EUR/USD 4HR Head & Shoulders Breakout. Closure Below Trendline.

Short
Euro / Dollaro (OANDA:EURUSD)  
FXEntries  
OANDA:EURUSD   Euro / Dollaro
Trend Analysis Harmonic Patterns Chart Patterns EURUSD shortsetup Bearish Patterns Technical Analysis priceaction
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trendanalysis harmonicpatterns chartpattern eurusd shortsetup bearish technicalanalysis priceaction
Great opportunity here to get into a EUR/USD Short on the 4HR. We saw this obvious Head and shoulders formation on the 4HR followed by a huge engulfing candle the downside to take out the neckline and close below the previous trendline to confirm potentionally that this was a false breakout. I have personally entered the trade but please do your own research before entering any trades. Strong downside potential with this trade.
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