MarcellusLUX

Sell EUR/USD if this structure breaks

FX:EURUSD   Euro / U.S. Dollar
EUR/USD is currently in an uptrend but the price action looks weak.
Price is currently going up in a price channel.
However, the RSI is printing lower peaks with each successive peak in the price.
This indicates that the uptrend is weak.

So, sell when price reaches the top of the upper TL or if breaks down through
the lower TL.
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.