EURUSD, Possibly more downside momentum coming next week

Aktualisiert
Monthly:
Price is below a big descending trendline and it is forming a H&S pattern.

Weekly:
Price is making LLs and it is rejecting the 61.8% of the weekly fib.

Daily:
Price already retested the institutional candle (white box) so it could continue to the downside at least to the beginning of the correction.

4H:
Price formed a bearish W and it rejected the 61.8% of the 4h fib.
Trade ist aktiv
Monthly: Snapshot
Weekly: Snapshot
Daily: Snapshot
4H: Snapshot
Order storniert
Price was too impulsive to the upside due to the DXY weakness.
There was no confirmation to go short on this one.
Snapshot
FibonacciSupply and DemandTrend Analysis

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