Hello traders,
I bring you here an interesting view LONG TERM on EUR/USD.
In this chart we can see EUR/USD is about to become a long time bear.
We have a bearish cross on MAs, Broke an almost 2 year old support trend line and now after retest the trendline a Shooting Star Candle.
This trade has big downside potential and for those who love swing trading will certanly appreciate this analysis.
I personally am more of a Daily trader, but i spotted this oportunity and wanted to share with you all.
If you find this post useful dont forget to leave a like :)
See you on next trade,
ForexAcademyClub
I bring you here an interesting view LONG TERM on EUR/USD.
In this chart we can see EUR/USD is about to become a long time bear.
We have a bearish cross on MAs, Broke an almost 2 year old support trend line and now after retest the trendline a Shooting Star Candle.
This trade has big downside potential and for those who love swing trading will certanly appreciate this analysis.
I personally am more of a Daily trader, but i spotted this oportunity and wanted to share with you all.
If you find this post useful dont forget to leave a like :)
See you on next trade,
ForexAcademyClub