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rudyjo
Jun 3, 2022 11:32 AM

EURUSD Bear time Short

Euro Fx/U.S. DollarFXCM

Description

Today, i would like to share my analysis about EURUSD.
As we see the chart is still on Bearish Trend but it looks like making a bounce.
On 4 hour tf, i see there's an IMPULSIVE 5 WAVE, but we could see a price rising with volume going down.
This also supported by the divergence from MACD and Stochastic which makes me assume that it'll go down soon.

In a lower timeframe 1h, we could see a DOUBLE TOP there too.
So i would like to see a correction wave until "Blue Area" there.

Disclaimer ON
Wish Us Luck

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Trade closed: target reached

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