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Niverto
Nov 1, 2016 3:25 PM

Potential turning point ? Short

Euro Fx/U.S. DollarFXCM

Description

The price is approaching the Daily supply zone (Major structure), with a strong momentum to the upside giving us some clues on the above that is acting like a magnet (zone of high liquidity).
The RSI is showing sign of bearish divergence.

I will watch carrefully this zone to find any reason for entry. For agressive style trading this area (red box) could be the entry reason on a limit order.

Happy trading
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