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TMFX-Capital
Jan 12, 2018 12:47 AM

EUR/USD - Short trade (12/01/18) Short

Euro Fx/U.S. DollarFXCM

Description

I believe and my prediction is that price will move to the downside. I say this because price action has come into a fresh zone of supply and a level where price has previous moved very bearish from as well as that RSI is heading to the oversold side. My signals are...

-Supply
-Structure
-127% extension
-78% retracement
-Inner Trend line
-Trend signal

Combing these signals has gave me a signal score of 6 and has made this supply zone a valid shorting zone.
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