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Euro / U.S. Dollar
Short

EURUSD - SELL

By lonelytrader
Breakout after Re-distribution (which was also a descending triangle). There was a fakeout to the upside yesterday with massive volume but price has now broken out to the downside today. Shout things play out, I expect price to go down to it's key level of 1.1000 if it breaks support at 1.10298, where I'll be looking to take partials and move stops to breakeven.
breakoutbreakouttradingChart PatternsDescending TriangleEURUSDeurusdshortTechnical IndicatorsTechnical AnalysisTrend Analysisvolumespreadanalysiswyckoffwyckoffdistribution

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