The overall trend here on EUR USD is a downward channel. IF EUR USD can not break through the downward trend line than I believe this is an excellent time to short. The four hour has a closer look of what we should do in terms of conformation, but so far with one hour left I believe this currency pair will fall. It could even come down to past support.
I am not going to enter this trade since I am currently in one but there is no reason why you should not take a risk and try to short this trade. Keep an eye out on it and pay attention to the chart if you do enter in.
GL
~JS
I am not going to enter this trade since I am currently in one but there is no reason why you should not take a risk and try to short this trade. Keep an eye out on it and pay attention to the chart if you do enter in.
GL
~JS
Commentaire:
I meant to upload the weekly chart