ITraderAnalysis
Short

Short Selling for EurUsd

FX:EURUSD   Euro Fx/U.S. Dollar
EurUsd             had break below the rising trendline (black), shown with a strong bearish candle and fall below the monthly SnR: 1.13500 and moving average is as well crossing over at the same time. This given me a good confluence & indication of price turn to the downside & a sign of short selling.

Further details can be gain from lower timeframe of H4 & H1. with price forming a visible pullback and price eventually break and retest to the broken rising trendline . My initial target was around 1.1200 with a 1 : 2.6 risk reward.
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out