Optimum369

20 reason for sell EURUSD

Short
FX:EURUSD   Euro / U.S. Dollar
Update 28/08/2022

1 Structure 1+2 : bearish
2 imbalances /OB: targeted
3 Current Move 1+2: impulse
4 Entry TF : D1
4.1 ETF Structure: bearish
4.2 move : Correction
5 Support Resistance: Resistance on imbalance
6 FIB: last move 100% filled
7 candle Pattern: multiple wicks bearish (Advance )
8 Chart Pattern: Double bottom Breakout (Advance)
9 Volume : Above Average (VAS)
10 Momentum: bearish (RSI UNCONVENTIONAL)
11 Volatility : Diverged Bollinger band by (john Bollinger)
12 strength: bearish (ADX Advance)
13 Sentiment : weakest according ROC Currency strength
14 Final conclusion: sell with single confirmation
15 Buy /Sell/Wait : sell
16 Entry:0.9950
17 Sl: 1.0083
18 Tp: 0.9763
19 Risk to reward Ratio: 1:4
Excepted Duration : 15

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