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amg_fx
Nov 3, 2018 7:44 PM

EUR/USD D1 Prediction Short

Euro Fx/U.S. DollarFXCM

Description

- Closed on shooting star
- 3rd bounce on trendline
- Dollar re-gaining strength
- 1.14600 monthly resistance hit and went down
- At 0.5 fib level on last candles high
- Euro losing strength
- Downtrend end of corrective wave
- Bearish engulfing on London Session close (4hr)
- Beginning of impulsive (4hr)
- More bearish points than bullish points.

... Looking to proceed to the 1.13000 support level.
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