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MountOlympusFx

EURUSD Looks TO be POINTING DOWN SOUTH!

Short
Euro / Dollar Américain (FX:EURUSD)  
MountOlympusFx Mis à jour   
FX:EURUSD   Euro / Dollar Américain
Chart Patterns Trend Analysis Wave Analysis EUR USD DXY dollar EURUSD trading Forex
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chartpattern trendanalysis waveanalysis eur usd dxy dollar eurusd trading forex
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EURUSD Thesis

- Weekly: After rejection of major zone 1.1223 last week candle closed as a shooting star signalling bears are ready to push price lower. EUR market structure is still bullish so we need to be cautious.

- Daily: Previous low was taken out after break below 1.1177 4hr zone with a bearish engulfing candle signalling bears could push EUR to as low as 1.1072 which is our next intended target.

- 1hr: Break below descending trend-line swinging momentum from bullish to bearish. After break below 1.1177 now expect a pullback into the zone, if zone holds then we could see a bearish rally to 1.1072.
Ordre annulé:
no entry

Idées en relation

MountOlympusFx
EURUSD Is still looking BULLISH TO me with 1.1280 in sight
MountOlympusFx
CHANGE of BIAS for EURUSD. To 1.1280 ZONE!
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