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Rayyan_2805

Possible Short Position for EURUSD

Short
Euro / U.S. Dollar (FX:EURUSD)  
Rayyan_2805 Updated   
FX:EURUSD   Euro / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators EURUSD eurusdshort eurusdprediction eurusdforecast eurusdsignal eurusdidea eurusdanalysis signals accurate
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trendanalysis chartpattern indicator eurusd eurusdshort eurusdprediction eurusdforecast eurusdsignal eurusdidea eurusdanalysis signals accurate
Possible short position for EURUSD. Price has been clearly moving below both the 200 EMA and the 50 EMA in a smooth downward trend. Price has also been rejected at a local support turned resistance line, indicating a short bias. Tiny stop loss of around 15 pips has been set with an optimistic Take profit of around 100 pips, good Risk to Reward ratio. Keep an eye out for updates. EURUSD
Comment:
Got hugely spiked out, but price is making its way down now.
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