EURUSD short setup

١٠ يناير ٢٠١٧

• ABC formation with rejection of the 50% level and re test of channel line
  
• Stop above demand zone area should there be a potential spike to the upside
  
• 2 potential take profit targets with the 2nd take profit(161.8%) being in line with weekly support
  
• Trade entry entered on H4 candle close
  

EURUSD