MikeDowns
Short

EU Bearish Outlook #2

FX:EURUSD   Euro / US-Dollar
39 0 2
I decided to go in a moderate risk trade, and am up 52 pips. Currently the neckline has not been broken and I'm looking for a retest that will give me confirmation that this will continue to go bearish . Now it's a bit of a waiting game as it may consolidate for a bit here around the 1.0736 area. Though technically still in an uptrend, if this breaks market structure, we are in for a nice ride down. I base the majority of my analysis off of the 4H.
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