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d.vezeris
Sep 14, 2014 8:59 PM

EURUSD 4h (14.Sep.2014) Technical Analysis Training Short

Euro Fx/U.S. DollarFXCM

Description

EURUSD 4H Diagram Technical Analysis shows the following:

The EURUSD after some consolidates under the KUMO (4h) reacted above Kijun Sen (weakly bullish). MACD is bullish w/divergence and RSI is near 53..

The first think in mind is that after the KUMO approach a second decline.

There is no special candlestick pattern.

After the invert SHS pattern there is no special pattern. Respecting to fib there is the 2.618 @ 1.27931.

Short for 1.28 stop loss into the KUMO.
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