Fxprotrader

EURUSD: Solid Parallel Of Median Line Show Shorts

Short
FX:EURUSD   Euro / U.S. Dollar
Looking at the daily chart of EURUSD we may easily see that a slide parallel of a downsloping median line has hold several times always rejecting price which is now testing once again the parallel. Any bearish setup completion would be a good trade opportunity.

Remember that a level in a chart is only something to watch closely for a setup to complete. Our strategy defines if we should enter a market or not. So use your own strategy and follow its rules.!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.