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Stargazer_fx
Oct 13, 2020 3:21 PM

EURUSD, price back below the support structure,Sell the pullback Short

Euro Fx/U.S. DollarFXCM

Description

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EURUSD
price is back below the support/resistance structure, after a pullback if price shows rejection I expect the price to go lower..



For Entry:
Wait for the formation of Bearish Candlestick Pattern to close on 4hr timeframe for confirmation to SELL..
Trade it with proper Sl..
In case, if price breaks above the support/resistance then we have to wait for a clear direction..


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*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Comments
Dave-FX-Hunter
I think this can work, but it would mean I'm wrong 😀
Stargazer_fx
@DaweFXHunter lets see my friend,good luck
veronicamireles
Perfect analysis, thanks for sharing
Stargazer_fx
Underground_trader
Thanks for sharing
Stargazer_fx
Underground_trader
Agree
Stargazer_fx
@Underground_trader appreciate the comment
Fisher_Fx
great analysis thanks
Stargazer_fx
@Fisher_Fx thankyou
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