Euro / U.S. DollarUpdated EUR/USD outlook
Hi Traders,
This is the outlook on the daily chart and what I'm looking for is bearish trend now.
1) We have strong resistance level we approach
2) Cypher can be formed
3) RSI is overbough
4) 3 waves are completed (Elliot wave)
5) Need couple more days but looks like price lost it's fuel and about to start rolling down the hill.
Hope this make sense and you liking it =)
This is the outlook on the daily chart and what I'm looking for is bearish trend now.
1) We have strong resistance level we approach
2) Cypher can be formed
3) RSI is overbough
4) 3 waves are completed (Elliot wave)
5) Need couple more days but looks like price lost it's fuel and about to start rolling down the hill.
Hope this make sense and you liking it =)
Note
This week we will see how it goes.Note
6) Double topand looks like we are having nice rejection of daily candle and start moving down. Will get better confirmation after this daily candle closes
Order cancelled
Pattern invalid. Zone passed. Looking into another set up =)
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.