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AlexMichael

Short the Resistance Opportunity [EUR/USD]

Short
Euro / U.S. Dollar (FX:EURUSD)  
AlexMichael Updated   
FX:EURUSD   Euro / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators EURUSD eurusdshort EUR eurodollar Forex forexsignals forextrading
2
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trendanalysis chartpattern indicator eurusd eurusdshort eur eurodollar forex forexsignals forextrading
Lower low. Expecting a lower high on these subwaves of the structure.

Broke a solid horizontal support. Shorting the re-test of this support now turned resistance.

Strong bearish momentum concludes we can use the ribbons and resistance level to determine stop-loss level.

Seems reasonable looking on the 1-day too.

This is not financial advice.

Comment:
Ignore this one, posted accidentally*
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