#EURUSD Short (200sma, ABCD Pattern, Fibonacci Extension)

@TradeYodha
TradeYodha.com

#EURUSD Short (200sma, ABCD Pattern, Fibonacci Extension)

Analysis
1. Previously Weekly Structure Zone
2. Fibonacci 61.8 confluence with 200sma
3. Fibonacci extension 127.2 perfect confluence with 61.8 fib level
4. ABCD harmonic pattern in the zone

Trade Management:
1. Two Targets
2. First target completes at 1:1 R/R ratio
3. Second target is a bit lower
4. As soon the target 1 is hit, its stop is moved to the target level

News/Fundamentals
1. Greece news (15/06/2015 IMF Loan Repayment Due)
2. 15-June-2015 9:00am EUR ECB President Draghi Speaks