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VladimirRibakov
Sep 19, 2017 11:24 AM

EURUSD Sell Idea Short

Euro Fx/U.S. DollarFXCM

Description

W1 - Previous W1 spike reached and continuous divergence forming.

D1 - Special cycle completing itself. We have confirmations of reversal in the form of two false breaks and divergence.

H4 Sell option 1 - Break below the current H4 range and sell after that.

H1 Sell Option 2 (aggressive - intraday) - Sell the breakout of the trend line on the H1 chart

H4 Sell option 3 - if the price pushes the to the top of the range we can look for entries there.

Of course all these setups are relevant as long as last swing high is holding.
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