Monthly Timeframe:
From the charts I observe Inefficiencies on the 1st of August & September 2014. On the 1st of Oct 2014, price wicked up and down. Might be an SC on smaller timeframes. There was a Position BOS on 3rd July 2017 and price has been making higher lows. Which means that our Bias is to the upside
Weekly Timeframe:
shows Inefficiency on the 23rd &...
Top Down Analysis:
1D = Bearish Downtrend
4H = Price tests the 20EMA 3 times at price points 1.12901, 1.12601, 1.12409
1H = Price tests the 50EMA 3 times at price points 1.12807, 1.12562, 1.12286
2 Resistance levels tested at 1.13519 and 4 support levels at 1.07690
Looking to short EURUSD at 1.11746, SL at 1.13519, TP at 1.07690
I believe that EURUSD will go in...