Symbol: EUR/USD
Prediction : Short
Daily : The price consolidate on this zone since 1 month, the price come to close above the EMA, but it was a fake breakout, we have now a bearish engulfing.
4H: Since the price is consolidating in this area we have never had such a powerful downward thrust.
1H: The price breaks the trendline, the MACD show a divergence, now I wait for a pullback to form an Head ans Shoulders, then a rejection before selling it.
Prediction : Short
Daily : The price consolidate on this zone since 1 month, the price come to close above the EMA, but it was a fake breakout, we have now a bearish engulfing.
4H: Since the price is consolidating in this area we have never had such a powerful downward thrust.
1H: The price breaks the trendline, the MACD show a divergence, now I wait for a pullback to form an Head ans Shoulders, then a rejection before selling it.
Transaction en cours:
The trade happened, now I put breakeven my position.