Euro / U.S. DollarShort
EURUSD Downtrend Short
Structure: Downtrend
Moving Average: 200 MA Support, 15 EMA and 50 MA Downtrend
Pattern: Head & Shoulder
Trendline: Broken Uptrend Line
Trigger: Breakdown of Neckline
Resistance: 1.1175 - 1.12
Support: 1.0990 - 1.10
Wait for 1H Reversal Signal to short around 1.11 - 1.1120
SL: 1.1180 or top of reversal candles
1st Target: 1.10
2nd Target: 1.09
Moving Average: 200 MA Support, 15 EMA and 50 MA Downtrend
Pattern: Head & Shoulder
Trendline: Broken Uptrend Line
Trigger: Breakdown of Neckline
Resistance: 1.1175 - 1.12
Support: 1.0990 - 1.10
Wait for 1H Reversal Signal to short around 1.11 - 1.1120
SL: 1.1180 or top of reversal candles
1st Target: 1.10
2nd Target: 1.09
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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.