TradingView
cardinal_m
Sep 17, 2020 8:41 AM

EURUSD Sell opportunity Short

Euro Fx/U.S. DollarFXCM

Description

Hi traders .
I want to draw you attention to H&S in daily tf.
So we may have a main down trend.
In H1 tf. market have touched resistance line and down trend line at the same . this could be a good opportunity for short.
If market start to move down after touching resistance line that point could be our EP .
Support 1 could be first target and support 2 would be next one . Abow the resistance could act as a SL point.
We are at main trend direction know.
Comments
transparent-fx
very possible, but on the daily we are still above the support, let's wait for confirmations
cardinal_m
@transparent-fx,
Thank you for your response .
In this form I will exit before the support that you mentioned correctly . actually TP2 is above the support and in TP1 I will change SL to EP .
More