EURUSD top-down analysis

on DAILY: EURUSD is sitting around a strong support/resistance zone so we will be looking for objective sell setups on lower timeframes

on M30: price is forming a channel in orange, so we are waiting for a new swing to form around our lower orange channel and then sell on its break downward.

we also have divergence on MACD adding more confluence to our sell setup
breakoutChart PatternsEURUSDForexTechnical IndicatorsParallel ChannelSELLSupply ZoneSupport and ResistanceTrend Analysistrendfollowing

Trading Made Simple; and Rule-Based
RichTL.com

Instagram
instagram.com/richthesignalyst

Telegram
t.me/thesignalyst

Best CFD broker
cutt.ly/TickmillReal

Best Crypto Exchange
coincall.com/r/thesignalyst
Also on:

Disclaimer