TradingView
FXKing009
Jul 18, 2020 11:02 AM

EURUSD / BREAKDOWN / SHORT IDEA Short

Euro Fx/U.S. DollarFXCM

Description

With the drop of the GBPUSD the EURUSD will follow, the correlate quite nicely together and the GBPUSD usually moves first.
I see alot of divergence on the 4hr and daily timeframes which signals that a significate change in the market is coming, but before entry I will wait for price to break its trendline and support.

Then we will trade to the next level of support
More