High Possibility to short EURUSD.
Last Period On Daily Chart the Pair trading in downtrend Channel, and was performed a clear head and shoulders pattern that will give us a clear resistance levels, the price traded near a major resistance level at 1.098, which if take a look at 4H Chart:
we can easily notice a bearish 4H Candle before market Close, It looks like the price will find some sellers to push it down towards next major support at 1.0908......
Wait for a confirmation price action.
For Fundamentals we can find a supportive expectancy for the USA Jobless Claims which is supports USD.
Telegram: Forex UP
Last Period On Daily Chart the Pair trading in downtrend Channel, and was performed a clear head and shoulders pattern that will give us a clear resistance levels, the price traded near a major resistance level at 1.098, which if take a look at 4H Chart:
we can easily notice a bearish 4H Candle before market Close, It looks like the price will find some sellers to push it down towards next major support at 1.0908......
Wait for a confirmation price action.
For Fundamentals we can find a supportive expectancy for the USA Jobless Claims which is supports USD.
Telegram: Forex UP
Kommentera:
Still active, we are a sellers
Kommentera:
In profit, once reach target1 close half trades and move stop lost to entry point
Kommentera:
Ok, I've Closed My Trades, and now sell again, Targets the light blue dotted lines
TP1: 1.09350
TP2: 1.08860
SL: 1.10000