amanpaulbhogal
Short

Selling a weak EUR/USD

FX:EURUSD   Euro / U.S. Dollar
In its prominent down trend, price continues to have pronounced consecutive cycles below the 20 ema pushing EUR/USD             lower. Today’s bearish reversal bar bumped just shy of a past level, now acting as resistance, at 1.2500, and closes below 20 ema and 0.618 Fibonacci level. If a short trade does not trigger a re-entry can taken at the test of 50 ema and/or 1.2500.

Entry – below today’s reversal bar
Stop – above today’s reversal bar
Target – once triggered, will let the trade run for price to rendezvous at 1.2000 where it’s been before

Reverse set up of the same nature on USD/CHF             .
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体中文
繁體中文
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