EURUSD Short the Resistance.
EURUSD has broken from a strong range, and currently is in strong downtrend with no clear indication with a leg up.
EU is now testing strong resistance level, and I doubt it can break this resistance area on first try, that's why I am going to short today EURUSD.
We still have EMA downtrend.
Bearish 1H close.
RSI is above 60, but holding on thin ice.
My take profit is around 1.1640 ( Around 30 pips).
Good luck with this trade!
Tibor
EU is now testing strong resistance level, and I doubt it can break this resistance area on first try, that's why I am going to short today EURUSD.
We still have EMA downtrend.
Bearish 1H close.
RSI is above 60, but holding on thin ice.
My take profit is around 1.1640 ( Around 30 pips).
Good luck with this trade!
Tibor
Note
Already 20 pips down since the post of analysis, another leg down expected.. Note
5m Chart in a Rising wedge.RSI double top.
MACD selling wave signals first selling tick.
Note
15m bigger picture.Trade fermée: cible de profit atteinte
Trade closed at 1.16414 +30 pips!
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.