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xChampi0nx
Feb 23, 2016 3:36 AM

EURUSD.. Back to range again... 

Euro Fx/U.S. DollarFXCM

Description

Haven't posted in few days . I did not see many setups around. I am long silver, gold and oil ,which are best trades out there as of now imo...Let's see what we got here..
Weekly:
-Prices met 100 wma and turned down
-HA momentum slowdown
-Ichimoku is still bearish to neutral as prices are below cloud

Daily:
-Prices turned down from trendline resistance
-Prices broke 200 sma
-Currently coming into trendline confluence
-HA OSC below 0 and ewo red

4H:
-Below cloud. means bearish picture
-200 sma coming up along with trendlines
-EWO red

For me, its no set up. Daily above cloud and 4H below cloud but some supp coming in. I am watching euro for now. If things change, I will post. Euro can be working in some kind of triangle set up before large breakdown in coming weeks...
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