short setup on a smaller term time frame

FX:EURUSD   Euro / U.S. Dollar
67 0
Current market condition.
1. Currently in a sideways trend after a normal uptrend.
2. The market Is at the lower portion of the range
3. The market s still above the 55 SMA . this suggests that the market is in consolidation phase.
4. As it is in ranging, the best is to seek buying opportunity at the lower part of the range (with RSI below or within 30) or seek selling opportunity at the upper portion of the range (with RSI above or within 70)
5. a possible sell trading opportunity on a lower time frame
EN English (UK)
EN English
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out