J_layseca

EURUSD short set up

Short
FX:EURUSD   Euro / U.S. Dollar
Crossed EMA
Lower High
M formation

This one is kinda tricky because on higher TF it is bullish, but we had some serious rejections from that daily level.

If we look back the past few days, we are bullish we had the 3rd bounce wich makes it valid and. Looking at EU make lower high right at the daily level, it is stopping at the trendline so I'm a bit indecisive here, if we break lower i think it could come to retest the weekly at least.

If we break bullish, upon a break n retest I would take a long up to the green trendline

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