Sangam-Agarwal

trend and trend line

Kort
Sangam-Agarwal Uppdaterad   
FX:EURUSD   Euro / USA-dollar
price are rising very fast on intraday now it has reach it trend line which has already tested two times
both trend line and 61% retracement are at the same place which attract sellers to sell here because it will lower high for new lower low and you are done for the quarter.
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h1 time frame give traders much more confidence to sell here because of over extended trend
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what is your position in battle ground as trader
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multi time frame analysis from daily to h1 daily.
both time frame together gives you perfect idea about the trade
selling lower high in anticipation of future lower low after big daily trend
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