EURUSD 4hr Bearish Crab

11 thg 8, 2017

After failing to break the 1.1725 key support level, EURUSD broke the ctl and began its bullish move. The next upside target is the previous high at 1.19. For traders who missed the ctl break and bullish move, there is the potential for a correction at 1.19. The 1.19 level is also the prz for a bearish crab on the 4hr chart. If price fails to break the 1.19 level a high probability counter trend short opportunity will be present.