Renkotrade

EURUSD SHORT 1 HR Chart

Short
OANDA:EURUSD   Euro / U.S. Dollar
EURUSD is in Short mode since break fo the
trendline break 21.10. and the break of major support
1.1153 date 21.10. 16.00

Since than my channelsystems shows a shorttime and a midtime
Short channel , cause they are fallin.

In the shorttime channel the short mode has been increased a little bit
but from the low we are just recovering.

We have to check whether EURUSD has the power to come back
in these 1.1550 aerea and start a long chance again.

First sign of that would be to climb above the small new
resistance at 1.1125

Wait and see.

If you want to know more about my trading style
please send my a mail.

Good trades

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