Toru

EURUSD 3 Reason to Short

FX:EURUSD   Euro/U.S. Dollar
1.
Daily chart: The chart is in continuous down trend. Just completed flag-similar pattern and now the consolidation is done. At this point, the price is pulling back to the previous low that was broken. (Highlighted area)

2.
4H chart: 55 EMA coming down at 240m chart and hitting the yearly pivot .

3.
1H chart: Gartley similar geometric             is now complete.

Publishing this idea at 11/13/2015, 9:50am Tokyo time. It is FRIDAY! Institutional dealers need to close their long position that was made this week TODAY. So, this maybe a good opportunity to go short IF the price hangs around weekly pivot area when London session opens.

Enjoy Trading!!
ok, up up!
+1 Reply
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
Việt Nam
日本
한국
简体
繁體
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 Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out