orvilleawright

BEARISH EURUSD 1H: Bearish price action in kill zone.

Kort
FX_IDC:EURUSD   Euro / USA-dollar
BEARISH EURUSD 1H: Support becoming resistance. Bearish price action in kill zone.
(Analysis Based on 1 hour chart)

Observations
1. Long term down channel
2. Short term up channel being retested
3. Price at daily swing low
4. Overbought RSI at 1H swing high

NOTE: Wait for price action to confirm the importance of these levels.
NOTE: This is a counter trend oppertunity based on my daily outlook

If you find this information useful. Please hit the LIKE button.

I may trade all, some or none of the ideas posted. All of my contributions are for educational purposes only. 'TRADE What You SEE'' and all the best!
Frånsägelse av ansvar

Informationen och publikationerna är inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av råd eller rekommendationer som tillhandahålls eller stöds av TradingView. Läs mer i Användarvillkoren.