TheSignalyst

EURUSD Short-Term short Idea

Short
FX:EURUSD   Euro / U.S. Dollar
EURUSD Short-Term short Idea

waiting for a momentum break below 1.1290 to sell this one

Reason:
1- Regular Bearish Divergence on MACD (in red)
2- Channel (in blue)
3- Trendline Rejection/Bounce from Daily/H4

Three confluences are enough to consider shorting EURUSD, after a break below 1.1290 (in black)

This analysis is done using RichTL
www.RichTL.com

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