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Aug 4, 2020 8:08 AM

EURUSD 4H short Short

Euro Fx/U.S. DollarFXCM

Description

EURUSD 4H Short
1. 4H RSI wave 3 and wave 5 showing Bearish DIV at overbought and break down trend line into 70's
2. Price action also break down immediate trend line
3. short zone @ fib 0.5~0.764 of trend breaking candles.
4. TP = fib 0.382 of whole 5 EW
5. SL = 1 ATR above sing high
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