Euro / U.S. DollarShort
MEERKATS VIEW ON EURUSD!
EXCITING! SO MANY POSSIBILITIES!
H4
PRICE HAS REJECTED THE TRENDLINE AND LOOKS TO BE HEADING DOWN TO THE TRIANGLE FORMATION. EXPECT SOME RANGING ACTIVITY AND ADJUST YOUR BIAS ACCORDINGLY.
IF IT BREAKS 1.09960 EXPECT SOME RETRACEMENT BEFORE IT DOVES DOWN TO 1.08029.H4 TRENDLINE COINCIDES WITH 50% FIBO LEVEL.
RSI IS SHOWING SIGNS OF DIVERGENCE
MACD IS SHOWING THE BEARS ARE IN THE CORNER.
H4
PRICE HAS REJECTED THE TRENDLINE AND LOOKS TO BE HEADING DOWN TO THE TRIANGLE FORMATION. EXPECT SOME RANGING ACTIVITY AND ADJUST YOUR BIAS ACCORDINGLY.
IF IT BREAKS 1.09960 EXPECT SOME RETRACEMENT BEFORE IT DOVES DOWN TO 1.08029.H4 TRENDLINE COINCIDES WITH 50% FIBO LEVEL.
RSI IS SHOWING SIGNS OF DIVERGENCE
MACD IS SHOWING THE BEARS ARE IN THE CORNER.
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