UERUSD Short to 1.29729 but wait for confirmation

FX:EURUSD   Euro / U.S. Dollar
316 0 0
Blue trend line has not plotted correctly, which is why I closed it.

Price is ranging between 1.31221 and 1.30467

The sloping blue line is the bottom of the Kumo from D1. Indicators on D1 are mixed, but price is below the cloud.

The Tenkan and Kijun on H4 have gone flat which is another indicator of ranging. As the price ranges it will pick up more resistance from the Kumo on D1.

The Kumo on H4 is also very wide. If price breaks up from range, will quickly hit Kumo resistance.

If price breaks down from range will start hitting support at 1.29871 and 1.29680 which are the .382 Fib and 200 MA respectively.

Kumo support on H4 will also come into play here.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out