TradingView
osbetel
Mar 1, 2018 10:01 AM

EURUSD Short for a few days Short

EUR/USDOANDA

Description

EURUSD formed a double top a few days ago, and has recently broken below support. We will likely see a movement down to 1.21000 in the next couple of days.
Furthermore, that wave down will put it right on the long term ascending trendline from 4/11/2017.

It may be a good spot to buy there, provided that EURUSD doesn't push below that trendline . We will see.

Remember to do your own due diligence before trading.

Comment

EURUSD may be forming a H&S pattern. We're holding our shorts for now.
More