EURUSD 4 HOUR SHORT

By remelthomas
textbook setup. Price has failed to break the 1.10 psychological barrier several times so this could be a nice level to go short with a nice 1:3 risk to reward. if price does manage to break out of this barrier then next resistance to look to get short is at 1.11294 which is also in confluence with the 61.8 fib level.
1:361.861.8Bearish PatternsconfluenceFibonacciFibonacci Retracementpatiencepsychologicalreversalrisk_rewardSELLshortSupport and Resistancetextbook
remelthomas

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