eurousdshort

m_haider

hi, here is my take on EURUSD short, this a short term trade, on the back of a recent significant momentum upward trend . RSI indicator is showing a overbought couples with a shooting star candle stick condition may prompt a fall in price to longterm resistance level in the longterm at 1.2550. Potential to catch short term targets at 1.13102

karlodagi

1. Previously created a Double Top, 2. Rejecting nicely from the Fibonacci 50% resistance -> was also previous HL. 3. Downtrend 4. 4H chart creating a shooting star We have 4 confluences. Please if you have experience in trading and have a different opinion leave comments and say why as I'm looking to improve my trading analysis. <3

ArminZed

As long as this line does not break we can take short positions. >>> Follow me for more Charts <<< Good luck :)

ArminZed

Price is near those levels and would be pushing the price down and breaks the neckline strongly wait to see clearly signal Good luck! :)

ArminZed

If you like to trade long-term, this is what I see, hope it helps. Good luck! Would you like to receive more charts, please follow me :)