rkarara
Short

EURUSD - SHORT - 1 HOUR CHART

FX:EURUSD   Euro / U.S. Dollar
PROS
- price did not break weekly support turned resistance
(BLUE) (if broken could start uptrend)

- broken through uptrend trendline

- 1.13900 level been tested for S/R multiple times

- 5 sma has crossed over the 10 sma

- price broken the last HL to make a LL

- 4 hour chart showing strong downtrend (strong bearish candles closing below the broken uptrend trendline )

- price broken and retested 1.13900 level (which has acted as support and resistance multiple of times)

- trend continuation trade

- momentum is down with a strong bearish candle breaking through the uptrend trendline

TARGET
- target level is 1.13300

https://www.tradingview.com/x/g8GFffvr/
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out