Short

EUR/USD:SELL From Gartley Resistance 200 SMA for a SHORT Setup

Updated

After the price reacted to our confluence of clues, the Gartley pattern plus the 200 moving average and the dynamic trendline, the price still fell in the direction of the main trend with a strong row of red candles. In the last session, the RSI turned red and the stochastic seems ready to drop to the lower side of the indicator range. Both this last present an overbought and divergence situation. We are looking for a short continuation.

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