EURUSD Video - Price Action Timeframe CONFLUENCE

Short

Euro / U.S. Dollar (FX:EURUSD)

Updated

FX:EURUSD Euro / U.S. Dollar

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EURUSD
- Weekly (Neutral): At a weekly level where price historically reversed. I can see the price is in a downtrend.
- Daily (Bearish): Inside bar with a bearish engulfing daily candle of yesterday indicating sensitivity at this level
- 4hr (Bearish): Price has broken the trendline and Moving Averages has crossed over
- 1hr (Entry): Structure has switched to Lower High & Lower Low

EP: 1.12770
SL: 1.13522
TP1: 1.12019
TP2: 1.11338

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Trade active:

EURUSD up 60pips. I will be taking partial profits & moving stop loss to break even

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