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GBPJPY-Trader

EURUSD,Daily,Short

Short
Euro / U.S. Dollar (FX:EURUSD)  
GBPJPY-Trader  
FX:EURUSD   Euro / U.S. Dollar
Chart Patterns Head and Shoulders
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chartpattern headandshoulders
Why go short?
*Head and shoulder pattern complete.
*ADX(Black) go up and more than 20.
*D- (Red) go up and above D+
*D+(Green) go down away from D-.

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ADX indicator
*Above 20-25 indicate strong trend.
*Above 50 indicate very strong trend.
*Below 20 indicate weak trend and side way market mostly.

*D+ and D- are indicator for direction of market.
*Long if D+ above D-
*Short if D- above D+

https://www.investopedia.com/articles/trading/07/adx-trend-indicator.asp
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