Renkotrade

EURUSD 1 HR SHORT and Education of Trendchange

Short
FX:EURUSD   Euro / U.S. Dollar
Hello to all watching my charts.

Here as example of EURUSD i will try to show you the manner
of trendchange and falling below support.

1. Trendchange

To check what is a trend you will find these more basics in my
ebook on my website soming soon.

Its always happens in these manner:

In the longer time review a trend is maybe still valid,
Butt the things which happens now counts always

NOT what has happens a few days or hors or minutes.... ago.

So long time review here is BLUE

HERE IT STARTS WITH LONG

IN the midtime review we do have a part of the long time trend shown
AND a part of the what happens now.

THAN IT CHANGES FROM LONG TO NEUTRAL - CHANNEL IS FLAT

So midtime review here is RED

HERE ITS NEUTRAL

And at least we get the chart information what happens really
NOW or the last.minutes / Hours

THAN IT CHANGES FROM NEUTRAL TO SHORT

Channel GREEN is SHORT (fallin down)

This points are in all timeframes and all datas same

Its either this procedure
LONG than
NEUTRAL than
SHORT

or the other way round.

2. In addition we do have a fall below the last support

I have marked it with the BLACK arrow.

Fall below support = short
Clim above resistance = long

But this i think everybody....

Good trades

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