We have identified a possible Short trade in EURUSD.
We will be watching EURUSD for a breakout of this Triangle pattern to the downside. This is an emerging pattern with high probability. Wait for a close on the 30 minute chart below the lower trendline of this triangle pattern before initiating a position. Targets of 1.11500 - 1.11700 and 1.11000.
If this pair breaks up through the upper trendline this signal will be null and void.