ForexCollege

EURUSD Reversal Pattern in Play

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FX:EURUSD   欧元/美元
The price retested the neckline of a head and shoulder pattern with a bearish reversal candlestick. As long as the price remains in the down channel created by the Support and Resistance Speedlines I anticipate the price to remain bearish. I have two lower trade management areas indicate on the chart. I will use lower timeframes to time entries and get a better RRR. Should price start intersecting the Resistance speedline re-analysis will be considered.
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Trade well planned and executed

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