elevatedinvestor

EURUSD IDEA Counter trend trade

Short
OANDA:EURUSD   Euro / U.S. Dollar
EURUSD Possible short. We have divergence, we are approaching an area of consolidation, We also have a cypher pattern completed and a bearish trendline all connecting at once.

The only thing I'm iffy about on this is the DOLLAR is extremely weak, I definitely believe we will be able to reach 1.1400 in the coming week. But This trade could be the first pullback signal to get to 1.1400

I will definitely be looking to Buy whenever this current impulse is complete.

-GIO

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