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paulDtrader

EURUSD SHORT CONTINUATION

Short
Euro / U.S. Dollar (FX:EURUSD)  
paulDtrader Updated   
FX:EURUSD   Euro / U.S. Dollar
Chart Patterns Technical Indicators
6
1
chartpattern indicator
EURUSD-SHORT AT MARKET - SL-1.22663 TP-1.20851

REASON FOR THE TRADE (TECHNICALLY):

1) HIDDEN BEARISH DIVERGENCE BETWEEN PRICE AND STOCHASTIC SIGNALLING BEARISH TREND CONTINUATION
2) STRONG PREVIOUS SUPPORT AREA TURNED RESISTANCE
3) STOCHASTIC OVERBOUGHT AND POINTING DOWN
4) TOP OF BEARISH CHANNEL

GOOD LUCK.
Trade closed: stop reached
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