paulDtrader

EURUSD SHORT CONTINUATION

Short
paulDtrader Updated   
FX:EURUSD   Euro / U.S. Dollar
EURUSD SHORT - SHORT WITHIN THE HIGHLIGHTED ZONE. LOOK FOR A BREAK OF THE NECKLINE THEN A RETEST OF THE NECKLINE ON A LOWER TIME FRAME BEFORE ENTERING - SL- 1.20534 - TP- 1.18469

REASON FOR THE TRADE (TECHNICALLY):

1) REGULAR BEARISH DIVERGENCE BETWEEN PRICE AND RSI SIGNALLING BULLISH TREND REVERSAL
2) DOUBLE TOP
3) END OF AB=CD PATTERN

GOOD LUCK.
Trade active
Trade closed: stop reached
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.