The_capit4list

EURUSD Mark-Down Phase 4H

Short
FX:EURUSD   Euro / U.S. Dollar
I continue to breakdown EURUSD publication on different tf's, take your time to scroll back and view previous publications.

According to stages of Market Cycle the pair enters markdown phase following distribution.
We have observed accumulation, we have seen markup followed by distribution and all signs of trend reversals, including length of swings (getting shorter and shorter towards distribution phase).

If EURUSD breaks bellow support level, sell pullback and hold long term through the entire Markdown.

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.