Unusual given the world economy, but the FED interventions might change the trend for a short period.
Now EURUSD has all the arguments to be consider a UPTREND on Daily chart, so any short trade will be of course a countertrend trade.
Short Trade Signals:
1. Renko 4h at Resistance level
2. MA crossing on 4h
3. Double top possible pattern to be formed. The first level is at 1,02 if this happens.
4. It is not easy to find a good entry for sell now, but probably from Monday, we will get more information. At this point, there is an area between 1,045 and 1,035 that can be used to search for an entry signal.
Don't Stumble Trading. Trade Safe!
Now EURUSD has all the arguments to be consider a UPTREND on Daily chart, so any short trade will be of course a countertrend trade.
Short Trade Signals:
1. Renko 4h at Resistance level
2. MA crossing on 4h
3. Double top possible pattern to be formed. The first level is at 1,02 if this happens.
4. It is not easy to find a good entry for sell now, but probably from Monday, we will get more information. At this point, there is an area between 1,045 and 1,035 that can be used to search for an entry signal.
Don't Stumble Trading. Trade Safe!
Trade active:
Trade closed: stop reached