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VladimirRibakov
Aug 2, 2022 12:21 PM

EURUSD Short Term Sell Idea Short

EUR/USDOANDA

Description

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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