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RevenueTrader

EURUSD - Will Price Able to Break Below Previous HL

Short
Euro / U.S. Dollar (FX:EURUSD)  
RevenueTrader Updated   
FX:EURUSD   Euro / U.S. Dollar
Trend Analysis Chart Patterns traderevenuepro shorttrade EURUSD rsi_divergence
2
0
trendanalysis chartpattern traderevenuepro shorttrade eurusd rsi_divergence
EURUSD Trend Reversal Trade
  • RSI Overbought on 4 Hour (This is very significant - Check out Trade revenue pro blog for why)
  • RSI shows divergence on the 1-Hour chart
  • Price is at the previous HL if this level broke the whole trend is going to invalidate.
Comment:
A Head and Shoulder Pattern Formed in EURUSD. This even confirms the trend reversal.

snapshot
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