EURUSD, Downtrend on H1.

FX:EURUSD   Euro / U.S. Dollar
EURUSD , Downtrend on H1.
Order cancelled: As price broke down sooner than planning, we would leave this setup and wait for new ones on EURUSD.
Comment: interesting touch of price for this move, then make a rejection on H1


I agree with your bearish view on EURUSD and am bearish on it as well.
Ichimoku cloud and RSI is also showing signs of bearish bias
agree with you, forming a flat as we speak

DatTong Aqua_Trader
@Aqua_Trader, there you go
+1 Reply
EUR/USD can move down without such pullback as you wrote

DatTong Yuriy_Bishko
@Yuriy_Bishko, Hi, it is nice to share your ideas on your view. But posting on every single of my post is considered spam to me. I hope you know. There are a lot of views on market, I considered that too. Even price could go down from here without any correction so both of us will miss.

But I decided to choose the best execution for my followers, so I choose that way of correction. Some people can give out several options for their viewers to consider such as UP and DOWN at the same time or 2-3 level of correction but I limit to do it.

So hope you understand that I have my choice for my followers and I trust it's the best. I won't come to your EURUSD post to convince you that it should go higher because it's pointless to do so.
+5 Reply
Good point made, final target should be next year around Mar. or Apr 1.05xx
DatTong ShentaTsai
@ShentaTsai, nice
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out