Captain-K

EURUSD POSSIBLE SELL?

Short
FX:EURUSD   Euro / U.S. Dollar
Hello, as we can see price has been bullish and has inevitably reached a resistance zone, which has previously proved to cause reversals. This could be one indicator for prices to drop. Secondly, I see a shooting star that has formed on the 4HR timeframe, suggesting lots of sellers are present in the market. Any thoughts or constructive criticism please leave below!
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.