Technician
Short

EURUSD: Short-term technical positioning remains negative

FX:EURUSD   Euro Fx/U.S. Dollar
794 13 10
Despite the recent rebound, the structure of lower highs and lower lows is still in place as price is trading within a short term bear channel as well, that comes after a successful break below the main rising trend line for the wave started from July 2013             . If the bearish scenario plays out, we will probably see a push back towards the 1.3400 level near the 200-days SMA . Holding back above 1.3700 may start to damage the bearish configuration.

Thank you for Following me @ https://twitter.com/thefxchannel
thefxchannel.com

Latest trading ideas: https://www.youtube.com/channel/UC02s7uiUQl55HkhHZDM6eUw/videos

Free Telegram Channel: https://t.me/technician_forex_trades

Trading Signals Redefined: https://thefxchannel.com
wait for GDP news...positive news result in possible breakout higher towards 1.38 region
Reply
my stops are 140.04 but i don't think i will make it :(
Reply
Maybe the message was to wait. Well, I spotted the same aspect and went short, got softly hit by today's rally. That is life.
Reply
and now ?
Reply
try to know if ur asking or ur being sarcastic?
Reply
Technician TOP Technician
or maybe both?
Reply
vaicru PRO Technician
:)
Reply
really strange, ppl like ur self have to be banned, as they take only and never give back. i have been correct more than 75 percent in a four-month period, but ppl like you will never appreciate things like that, as they have a jealous nature.
Reply
Comment removed
lol
Reply
United States
United Kingdom
India
Deutschland
España
France
Việt Nam
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Support Priority Support Report Issue Ideas Published Followers Following Private Messages Chat Sign Out