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InvestitoreComune
21 oct. 2016 10:31

Next opportunity to short on EURUSD Short

Euro Fx/U.S. DollarFXCM

Description

Long term view for EURUSD:

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EURUSD 4hr chart. Price is entering in the lateral zone indicated 3 days ago.
BE ready to short in the next few days

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Hourly chart. Incoming retracement could be an awesome opportunity to sell

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As expected EURUSD still moving inside this congestion area. Trade the breakout in every direction, but I'm confident EURUSD is bearish on long term

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I'm waiting for a retrace around 1.095 area to increase my short position.

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Trade the flag

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EURUSD bullish movement is still strong. Dollar index is confirmed bearish for now.

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Pay attention to crude oil, because it could reverse soon
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