on DAILY: EURUSD is sitting around a strong support/resistance zone so we will be looking for objective sell setups on lower timeframes
on M30: price is forming a channel in orange, so we are waiting for a new swing to form around our lower orange channel and then sell on its break downward.
we also have divergence on MACD adding more confluence to our sell setup
on M30: price is forming a channel in orange, so we are waiting for a new swing to form around our lower orange channel and then sell on its break downward.
we also have divergence on MACD adding more confluence to our sell setup
This analysis is done using RichTL
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www.RichTL.com
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Best CFD broker
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