EdwardNg

EUR/USD (15-October-2018 until 19-October-2018)

Short
FX:EURUSD   Euro / U.S. Dollar
Monthly Chart:
Overall is bearish. Bearish trend is still valid.

Weekly Chart:
Overall is bearish. Last week the price hit the support zone and the price is bullish.

Daily Chart:
Forming consolidation and lower high is created.
Lets find some entry point for short term trade if the overall trend is aligned.

4-Hour Chart:
Price is consolidating and lower low yet to formed.
Wait for a good entry point. Check and observe if the resistance zone is valid.

1-Hour Chart:
1-hour chart is still bullish. Need to observe and wait.
Patient is the key this time.

Overall is bearish. If cannot see the wave, please do not trade.
Otherwise your account will be burnt. Trade with care and trade only with the chart you know.
Happy trading.

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.