InvestingScope

EURUSD: Short opportunity on identical fractals.

Short
FX:EURUSD   Euro / U.S. Dollar
The pair crossed into the 1D Sell Zone (1.1500 - 1.1570) last week and was immediately rejected near 1.1515 (already RSI = 52.807, ADX = 19.684, Ultimate Oscillator = 50.469). We have a similar candle sequence occurrence on 4H whose pattern has resulted into a strong decline in the last two times. This is an ideal short opportunity with TP = 1.12900.





** If you like our free content follow our profile (www.tradingview.com/u/InvestingScope) to get more daily ideas. **

Comments and likes are greatly appreciated.

Telegram: t.me/investingscope
www.investingscope.com

Over 65% accuracy on Private Signals Channel.

Over 15% return monthly on our Account Management Plan.
Account RECOVERY services.

Free Channel: t.me/investingscopeofficial
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.