digitalmoneyfx

EURUSD Short Opportunity

Short
FX:EURUSD   Euro / U.S. Dollar
EURUSD is showing a lot of confluence for upcoming short momentum. First EURUSD is on a overall downtrend and currently at a LH zone on the Daily chart. Also EU is currently hitting a trend line that has show precise respect on the 4 Hour / 1 hour chart. Price has been un able to pass it. The risk in the trade is not waiting for structure to break on smaller time frames as it is still in an overall uptrend as far as small time frames go (1 Hour - 5 min) . SL is two 1 hour candles closing over the trend line (1.1471).
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