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VladimirRibakov

EURUSD Short Term Sell Idea

Short
Euro / U.S. Dollar (OANDA:EURUSD)  
VladimirRibakov  
OANDA:EURUSD   Euro / U.S. Dollar
Trend Analysis Trend Lines Fibonacci EURUSD SELL Bearish Patterns resistances bearishhiddendivergence bearishdivergence bearishtrendpattern Trend Line Break
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trendanalysis trendline fibonacci eurusd sell bearish resistances bearishhiddendivergence bearishdivergence bearishtrendpattern trendlinebreak
D1 - Price has reached a strong resistance zone.

Bearish hidden divergence.

No signs of trend change.

H4 - Bearish trend pattern followed by potential double wave correction.

Bearish divergence.

Until the two key resistance zones hold my short term view remains bearish here. A valid breakout below the most recent uptrend line would be the validation for this bearish view.
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