EURUSD Sell: Weekly, Daily & 4hr Breakdown!

EURUSD Short Thesis

Weekly:
- Last weeks candle closed as a bearish engulfing & Marubozu signalling strong sell strength.
- Previous Lows have been taken out.
- Moving averages are still bearish.

Daily:
- Daily closed clean below 1.1300 major monthly support & ascending trendline.
- Moving averages have also crossed bearish.

4hr:
- i do now expect a pullback into 1.1300 which has now turned into resistance for a retest before continuing lower.

Transaction en cours

Trade fermée manuellement:

-5pips. Notice double bottom reversal on 4 hour