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EURUSD: Short opportunity on identical fractals.

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Euro / Dólar Americano (FX:EURUSD)  
InvestingScope  
FX:EURUSD   Euro / Dólar Americano
Trend Analysis Chart Patterns Technical Indicators EURUSD EUR USD euro DJ FXCM Index dollar Forex Currencies currency
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trendanalysis chartpattern indicator eurusd eur usd euro usdollar dollar forex currencies currency
The pair crossed into the 1D Sell Zone (1.1500 - 1.1570) last week and was immediately rejected near 1.1515 (already RSI = 52.807, ADX = 19.684, Ultimate Oscillator = 50.469). We have a similar candle sequence occurrence on 4H whose pattern has resulted into a strong decline in the last two times. This is an ideal short opportunity with TP = 1.12900.





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