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MikePips

Eu short trade

Short
Euro / U.S. Dollar (FX:EURUSD)  
MikePips Updated   
FX:EURUSD   Euro / U.S. Dollar
Parallel Channel Ascending Triangle Stochastic Oscillator Relative Strength Index (RSI)
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parallelchannel ascendingtriangle stochastic relativestrengthindex
Eu has many signs of a bearish move.
Comment:
Eu broke out of the channel and appears to be trending up. Not a good place for long entry though.
snapshot
Comment:
Buy Low, Sell High
Comment:
It looks like that wouldve actually been a pretty good entry point. It had broken the channel and was trending up.
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