Title
EURUSD H4 | Bearish Reversal

Type
Bearish Reversal

Preference:
Price is rising toward to the pivot point of 1.1030 which is a pullback resistance that aligns with the 61.8% Fibo retracememt. A reverse from this point could lead the price to fall to 1st support at 1.0930, a multi swing low support level.

Alternative scenario:
If price breaks above the pivot, it might rise to 1st resistance at 1.1122

To discuss this trading idea, head over to Tickmill Traders Club where you can get direct access to our team of world-class analysts.