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BEARISH DIAMOND ON THE 4H

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Euro / Dolar A.S. (OANDA:EURUSD)  
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OANDA:EURUSD   Euro / Dolar A.S.
Chart Patterns diamond diamondpattern diamondtop diamondhands diamondreversal diamondtheory
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chartpattern diamond diamondpattern diamondtop diamondhands diamondreversal diamondtheory
The Euro had a bit of a rally on Friday however the United states dollar showed sudden pressure on the Euro mid day during US session. This sideways action has formed a clear bearish diamond on the 4H / 240 time frame. Im expecting EUR/USD will test lower support levels next week. The favorable support is 1.1500, we shall see next week but keep an eye on this textbook Diamond bearish reversal pattern.

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