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TradingShot
Jun 4, 2019 12:05 PM

EURUSD Sell Signal Short

Euro Fx/U.S. DollarFXCM

Description

Pattern: Channel Down on 1D.

Signal: Bearish as the price entered the Lower High belt.

Target: 1.1115 (1D Support).
Comments
MCuong2332
tks for sharing, and this is my chart
helltrader


You're not bad about building your graphics, but if you see a broken trendline on a resistance area that you've been touched , plus what is more and more is the ongoing decline of the dollar index (DXY)...

But anyway if I made a mistake in analysis then I accept the reviews I hope to come to a conclusion where both as buyers and sellers with a retest of the area can be satisfied :)
TradingShot
@helltrader, DXY seems to have found support though. So far EURUSD has been rejected on the 1W Lower High and keeps going lower.
helltrader
@TradingShot,

I'm a huge fan of your analysis and I'm also following your analysis too much, and I'm not against your opinion on the dxy index.

I do not know how much you would support my next thought for a recent retest ? :D

THANK YOU !!!
@Redgard HellTrader
TradingShot
@helltrader, Same goes for you! Personally I think the support will hold pulling the EURUSD lower. Let's wait for tomorrow's ECB meeting.
helltrader
@TradingShot, true tomorrow the news will be the only reason for change, not analysis

thanks for this conversation
TradingShot
@helltrader, You are welcome. The pleasure is all mine.
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