EURUSD Short: Pullback at Resistance

EURUSD has potentially exhausted its first bullish impulse on the 15m chart. SL is placed above 4 moving averages with target at a conservative .382 pullback.

Bearish Confluence:

• Rising wedge
  
• Possible leading diagonal
  
• 25 day EMA resistance
  
• 25 Day SMA resistance
  
• 21 Day EMA resistance
  
• 21 Day SMA resistance
  
• Bearish divergence
  

Happy Trading! -GM

Transaction en cours

Trade fermée: ordre d’arrêt atteint:

Savage impulse! Waiting for next signal. Neutral on the pair now.