Get started
MountOlympusFx

EURUSD Sell: Weekly, Daily & 4hr Multi timeframe

Short
Euro / U.S. Dollar (FX:EURUSD)  
MountOlympusFx Updated   
FX:EURUSD   Euro / U.S. Dollar
Trend Analysis Harmonic Patterns Chart Patterns EURUSD Forex
4
0
trendanalysis harmonicpatterns chartpattern eurusd forex
snapshot
snapshot
snapshot

EURUSD Short Thesis
- On the weekly price is still in a strong bear trend with lower highs & lower lows. Price currently below 1.1360.

- Price on daily is currently at 0.71 fib, 1.1360 & 4th bounce off descending trendline.

- Expecting a strong descend from here down to 1.1150 as a long term target.

- Right now 1st target for me is 1.1300 monthly.
Trade active
Trade closed: stop reached
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.