EURUAD Potential Short Signal Update
Updated
TRADE UPDATE
Previous analysis:
Please see original analysis linked below for in-depth explanation of our long bias.
We are still awaiting a break below and close below this blue short-term up trend line on the hourly chart to execute a short position on this pair. We will also need to see confluence from our price action forecasting algorithm forecasting a move to the downside with a chance prediction of 85% or higher. Currently our algorithm is predicting continued movement to the upside with a chance prediction of 69%, but we will continue to monitor price action and the updates from our algorithm.
See the link below for an image of our algorithm's forecast for this pair.
[url=[img]i.imgur.com/nEKY8qD.png[/img]]
If you want to receive accurate forex signals like this one check out https://www.Unique4xPro.com and get one FREE month of our algorithmic signals!
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Previous analysis:
Please see original analysis linked below for in-depth explanation of our long bias.
We are still awaiting a break below and close below this blue short-term up trend line on the hourly chart to execute a short position on this pair. We will also need to see confluence from our price action forecasting algorithm forecasting a move to the downside with a chance prediction of 85% or higher. Currently our algorithm is predicting continued movement to the upside with a chance prediction of 69%, but we will continue to monitor price action and the updates from our algorithm.
See the link below for an image of our algorithm's forecast for this pair.
[url=[img]i.imgur.com/nEKY8qD.png[/img]]
If you want to receive accurate forex signals like this one check out https://www.Unique4xPro.com and get one FREE month of our algorithmic signals!
Also follow us on all of our social media:
Twitter @ Unique4xPro
Snapchat @ Unique4xPro
Instagram @ Unique4xPro
Comment
This signal is still pending execution and has just been updated @ 7:55 PM EST 4/06/16Comment
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