EURUSD, Sell on W1 Short

FX:EURUSD1W

Euro Fx/U.S. DollarFXCM

Description

⋅ Mar 17, 2019 12:39 PM

W1:
- Tendency: Downward
- Break support
- Below resistance and confirmation
- Candle: Strong bearish
=> Sell

Comment

⋅ Mar 19, 2019 1:57 AM

Prior analysis

Trade active

⋅ Mar 19, 2019 1:57 AM

Comment

⋅ Mar 22, 2019 9:41 AM

Comment

⋅ Apr 26, 2019 4:04 PM

Comments

siriustrees

⋅ Mar 17, 2019 8:12 PM

Thank you Dat, do you expect this as a downtrend confirmed immediately or as a wait signal?

DatTong

⋅ Mar 18, 2019 7:59 PM

@siriustrees, it needs to go up then down

beabxmx

⋅ Mar 17, 2019 8:28 PM

Good set up thank you. The current PA lines up with 61.8% FIB may pull a bit higher before going south.

DatTong

⋅ Mar 18, 2019 8:01 PM

@beabxmx, agreed and it showed here the same

DatTong

⋅ Mar 18, 2019 8:01 PM

@Chad_McDeid, cheers!

SniperTraderPRO

⋅ Mar 17, 2019 1:03 PM

Hi, I think its possible to reach trendline, maybe should wait till GBPUSD gives confirmation of going down / or USD fundamentals on Monday.

siriustrees

⋅ Mar 17, 2019 8:11 PM

@ManuelCaleroVivancos, why do you think for GBPUSD as a marker to go down for EURUSD?
I don't really think there is enough correlation between going down for GBP and EUR altogether, as I also rely on EURGBP to go down, which most likely means all three of them can't simultaneously head south in the same time.

beabxmx

⋅ Mar 17, 2019 8:41 PM

@siriustrees, yes EURGBP bias sell and counter correlation with GBPCHF bias buy.

siriustrees

⋅ Mar 20, 2019 6:41 PM

Seems like SL is hit