August in the spotlight. Bearish moves on the EURUSD pair.

There is an H&S lookalike formation on the H1/H4 chart, together with a bearish channel that might develop further. It so gives traders an opportunity to switch sides from bulls to bears and sell the pair.

SL: 1.1840
TP1: 1.1730
TP2: 1.1650

İşlem kapandı: durdurma seviyesi:

SL was hit.

İşlem aktif:

Re-entered shorts.

İşlem aktif:

The pair might retest the 1.1870-1.1880 area.

Emir iptal: