TAFA94
Short

Possible SHORT on EURUSD

FX:EURUSD   Euro / U.S. Dollar
We have two possible short positions on the FX:EURUSD            
1. If price touches the first red area, check if there is divergence on either MACD or stoch. At the moment we can see MACD diverging from the price. If step 1 is fulfilled, continue.

2. If step is 1 fulfilled, we want to see either a double bottom or w/m pattern forming on 4H or 1H. Will demonstrate those patterns when the time comes. If step 2 is fulfilled, continue.

3. TP/SL will be set when necessary price action takes place in those areas. We will always wait for pullback no matter what. No pullback, no trade. If step 3 is fulfilled, continue.

4. Short when PRICE makes lower low. If it doesn't and instead makes higher high, abort this potential SHORT and look for the next red area.

Possible reversal near following dates(orange vertical lines): 22 dec, 26 dec, 30 dec.
Purple horizontal line: BRN             (big round numbers).
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
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 Contact Support Ideas Published Followers Following Private Messages Chat Sign Out