EURUSD Short Thesis
- On the monthly February candle closed as a hammer candle, however pair looks very bearish with trend & moving averages.
- On weekly previous candle closed as a bearish engulfing signalling bear strength to come, Moving averages bearish.
- On daily clean break of 1.1234.
- On 4hr price is forming low highs & low lows.1.1234 has been retest and now expected to sell down to 1.1150
Trade active
Trade closed: stop reached