Once price has broken this level of support we are looking for sells to the green area
DXY is going up so all USD pairs will be dropping.. GBPUSD was the first one to sink now we wait for the rest
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On #EURUSD 1-hour chart; curve T3 turned negative and it is likely that SAR also will turn to negative.. We see a bearish engulfing candlestick pattern, furthermore there is a bearish divergence on Rsi .. Within the framework from all these bearish signals, I firmly believe that the price will go down.. I expect a structure as I mentioned in the chart.. We will...
On #EURUSD 4-hour chart, curve T3 and simple moving averages (ma10, ma20) have turned their directions to negative.. It is likely that the price will go down.. I expect a structure as I mentioned in the chart..
Disclaimer: Please do your own due diligence when it comes to forex-trading.. Invest at your own risk..
I wish you all the best..
In one hour chart of #EURUSD, we see that the price got a reaction from an important support point, It is likely that the price may test the major resistance point at 1.092.. There can be a long setup opportunity for #EURUSD.. I expect a price action as I mentioned on the chart.. We will wait and see..
Disclaimer: Please do your own due diligence when it comes...
I have a SELL STOP placed at 1.1000 on EURUSD with a STOP above at 1.1040 (40 pips) and a TAKE PROFIT at 1.0800 (200 pips) though will be adjusted if the trade fires depending on momentum.
There's a nice trend line just where we are now at market ( 1.0969) so price may not get to the SELL STOP so I'll be looking to SHORT if the BEARS enter the market early.