PRO_Indicators

EURUSD / H1 : Possible entry short for a second corrective wave

Short
FX:EURUSD   Euro / U.S. Dollar
The current configuration before FED suggest that there could be an interesting short scenario on EUR/USD to retrace further and search for a B wave before eventually buying later on.
Of course this is counter trend, so the position has to be low leveraged and must have a stop loss above previous highs.
For now we can see that the momentum is divergent, it hasn't signaled yet so there is still room for a little upmove towards the highest retracement levels like 76,4%.
Having a signal near this level would be a trigger for me to enter short. On the other side, if the signal doen't show up and the market breaks down the support trendline, I'll enter as well.

Hope this idea will inspire some of you ! I'ld appreciate any like/follow if you feel like it deserve it ;)
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