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CitRoN_RouGe
Nov 8, 2017 9:07 AM

EURUSD – Two levels with short position potential Short

Euro Fx/U.S. DollarFXCM

Description

On the hourly chart, I marked two levels to enter short position.
- 1.1610 is the recent resistance level, coupled with EMA100 above.
- 1.1640 might be the second rejection level, on which EMA200 stays now.

Stochastic points downside, RSI reversal also to be confirmed.

In the long-term, I still keep my short positions. Above levels might be good rebound locations, where short positions may be added after confirmation.
Comments
BunBunLo
Please advise, still keeping short?
BUUGLE
Great chart
aron2407
thoughts on gold? still short?
tofonm
Thanks for the good analysis once again!
gimisco
thanks for the analysis!
sowji
thank you, great analysis
nematuwak2879
Awesome work sir! Voted up!
ForexTurtle
excellent charting
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