Possible LONG trade on CL D1 Otherwise we'll go down back to previous resistance @41.29
Oversold RSI and Divergence would be cool if this would become a long trade But On the break of support i'm afraid its not looking good for the Euro.
I dont think this is an unrealistic scenario. RS not oversold Divergence in play, but a strong uptrend. MA's cross for a downtrend but previous resistance holds. Short scenario arrows painted in red.
*Idea Topped out on this SOAB 3 times now.. anticipating a break short.
1 thing for sure both of em gonna be good moves... gut feeling for longs but on the break of support most def gonna ride this one out till 1.618 :)
Expecting more downside EURUSD
All the guns out on this one..
This pair really starting to work on my patience :/
Descision point..