FXKing009

EURUSD / BREAKDOWN / SHORT IDEA

Short
FX:EURUSD   Euro / U.S. Dollar
With the drop of the GBPUSD the EURUSD will follow, the correlate quite nicely together and the GBPUSD usually moves first.
I see alot of divergence on the 4hr and daily timeframes which signals that a significate change in the market is coming, but before entry I will wait for price to break its trendline and support.

Then we will trade to the next level of support

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.