EURUSD Short position analysis
EUR/USD
- On the weekly timeframe price has formed a Bearish Doji Candlestick pattern, Plus a Bearish Harami Candlestick pattern on the Daily timeframe.(Bearish in control)
- 14 RSI Shows that the price is bouncing back from a bearish channel trend.
- The short position will be targeting Daily Support level, 50MA and 0.382 Fib.
- On the weekly timeframe price has formed a Bearish Doji Candlestick pattern, Plus a Bearish Harami Candlestick pattern on the Daily timeframe.(Bearish in control)
- 14 RSI Shows that the price is bouncing back from a bearish channel trend.
- The short position will be targeting Daily Support level, 50MA and 0.382 Fib.
Trade closed: stop reached
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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.