EURUSD - DAILY - Big Short with confluence

Rebounding nicely off the 800 EMA and Daily high TL of Channel
Bat 886 confluence
Divergence setup
Whilst already 40 pips into the trade, it is now testing Monthly Support
Check lower time frames for entry at your leisure.

Kommentera:

DAILY has a TBar from yesterday. as you can see 886 has now been hit and closed below
Looking at pattern on the 1 HR for a reverse of completed DAILY pattern

Bullish moves still possible, but we are winding down to a correction.