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PITCHFORK - Forex EURUSD Weekly Analysis Feb 19th - 23rd , 2018

OANDA:EURUSD   Fx Euro/Dolar U.S.
SELL EURUSD
Area: Pitchfork Upper Line
Channel Pitchfork - Descending

Entry: 1.24200 - Median Line
Target Profit: 1.21300 - Lower Line
Next Target Profit: NIL
Stop Loss: 1.25600

Reward Potential: 290 pips
Risk: 140 pips

Reason:
1. Price rejected and made reversal on previous high/upper line high probability heading towards median line then lower line pitchfork .
2. US Dollar also have made rebounce on weekly lower line pitchfork . Expecting strong US Dollar in the coming weeks.
Dagangan ditutup: sasaran tercapai
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