Euro Dips
Updated
This past week EURUSD rose by $0.01 cent or 1562 pips
I see a potential DOUBLE TOP on the daily chart because price rejected at 1.10192 AND closed at 1.09794. A Triangle has been formed Therefore we have a downtrend signal.
On the 4 hour chart there is an inverted hammer followed by a bearish candle. When a bearish price closes under 1.09794 then it is a sell signal.
uptrend channel in the hourly chart, Price has touched the resistant channel and has started to fall.
I see a potential DOUBLE TOP on the daily chart because price rejected at 1.10192 AND closed at 1.09794. A Triangle has been formed Therefore we have a downtrend signal.
On the 4 hour chart there is an inverted hammer followed by a bearish candle. When a bearish price closes under 1.09794 then it is a sell signal.
uptrend channel in the hourly chart, Price has touched the resistant channel and has started to fall.
Trade active
Price has closed under 1.09794 level and continued going down.Trade active
Yesturday bearish engulfing pattern formed on a daily. We strong on bearishTrade closed: target reached
Price Hit that 1.08232
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.