EdwardNg

EURUSD (08-10-2018 until 12-08-2018)

Short
FX:EURUSD   Euro / U.S. Dollar
Monthly Chart:
Pressure to go down.

Weekly Chart:
Going down pressure too. But need to be aware of the resistance round that zone.

Daily Chart:
Looks like consolidation between. Overall still bearish.

4-HR Chart:
The price action hit the resistance. If it does not break, it will go down.

1-HR Chart:

Conclusion:
Overall chart, the price action is bearish and looking forward for it to be bearish.
Need to time the entry and set a stop loss.
ROI need to be more than 1:2.

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