Marenno
Short

$EURUSD Short oportunity, (weekly pivot resistance)

FX:EURUSD   Euro / U.S. Dollar
Morning traders, don't be afraid to go through multiple time-frames on this layout.

Basically Had some problems, with platform, found a solution,

Ok, the price is forming a Gartley pattern on a daily chart , at least approaching a D level.

On a 4H chart we can see, that the price is at the weekly pivot resistance level . But I do not see any clear signals yet, however, the price is already in supply area, so the reverse is possible.

I wouldn't place a market order now, as I'm a confirmation trader, but there is a Sell stop entry at 1.146 with a potential target aat 1.1425 and a stop loss above 1.1.149. RR is not good, as the trade is a breakout.

Good trades to you traders!!!

Will appreciate your likes and constructive critics.

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out