schuck15

EUR/USD Taking a dip.

Short
schuck15 Updated   
OANDA:EURUSD   Euro / U.S. Dollar
I expect this trade to go slowly due to Weekly MA resistance down below. The Daily Order Block resistance should bounce and then break. It will then be flipped from support to resistance. Weekly Ichimoku is currently in a downtrend, but there has been a strong simple Bull div on the RSI and there is a C-Clamp. I expect this trade to not last too long and will take profit at the Daily OB, then let the rest ride.
Trade active:
Looked a little shaky to start, but those layered orders did well. Hopefully There's not a double bottom on the 2 hour.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.