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Pabsgainz
Oct 9, 2019 10:56 AM

EUR/USD Short opportunity  Short

Euro Fx/U.S. DollarFXCM

Description

Potential set up on the 4hr chart for a short on the EURUSD. Trend is showing towards the downside with resistance leves being respected and price rejecting off of these levels. Analysis started on the D chart and worked down to the 4hr. RSI divergence seems quite clear here for a short position, stops just above the minor resistance level and TP at the bottom of the downtrend channel.
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