Euro / U.S. DollarUpdated EURUSD, MULTIPLE TIME FRAME ANALYSIS!
Monthly:
Price is rejecting strong zone of supply and it could be forming a H&S pattern.
Weekly:
Price formed a bearish W and we are rejecting so it is a good zone for short setups.
Daily:
Price has a bearish trend and I see that price could retest a previous broken structure.
So we are looking for downside move.
4H:
We are going to be monitoring price from a 4h perspective to look for a valid entry.
Price is rejecting strong zone of supply and it could be forming a H&S pattern.
Weekly:
Price formed a bearish W and we are rejecting so it is a good zone for short setups.
Daily:
Price has a bearish trend and I see that price could retest a previous broken structure.
So we are looking for downside move.
4H:
We are going to be monitoring price from a 4h perspective to look for a valid entry.
Trade active
Monthly: Weekly:
Daily:
4H:
Trade closed: target reached
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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.
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.