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H1 BEARISH PATTERN; ASCENDING CHANNEL

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Euro / Dollar AS (FX:EURUSD)  
Daroon-  
FX:EURUSD   Euro / Dollar AS
Trend Analysis Chart Patterns eurusdshort EURUSD eurusdbearish selleurusd eurusdsignal eurusdsell
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trendanalysis chartpattern eurusdshort eurusd eurusdbearish selleurusd eurusdsignal eurusdsell
Price reached the 1.20000 terrain for the first time in 2years.

A break out of this channel is surely promised, time & price action are responsible for delivering this promise.

Albeit I remain neutral by trading within this channel.
Since price broke below the dynamic support within this channel, the bears are ought to guide price further downward to the 1.18000 region.
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