EURUSD - Will Price Able to Break Below Previous HL Short

Euro Fx/U.S. DollarFXCM

Description

⋅ Oct 22, 2020 4:59 AM

FX: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

⋅ Oct 22, 2020 8:24 AM

A Head and Shoulder Pattern Formed in EURUSD. This even confirms the trend reversal.