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MarlzRana

EURUSD Potential Short Using Support And Resistance

Short
Euro / U.S. Dollar (FX:EURUSD)  
MarlzRana Updated   
FX:EURUSD   Euro / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators
2
0
trendanalysis chartpattern indicator
Simple support and resistance with a MACD confirmation. Wait for the value to increase a bit then when the MACD crossover happens/ there is strong bearish candlestick patterns place your short. There is a possibility that there could be breakout through the resistance so ensure to place your stop/loss.
Comment:
It may not reach resistance as there is the forming of a shooting star bearish candle maybe time to enter the trade however waiting for more confirmation.
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