EUR/USD - Technical Analysis & Trading Idea - 60M
Updated
Hi Guys,
Today in this Technical analysis of EUR/USD - 60M we can easily observe a very strong Bearish movement in the market from couple of past few days and the market had also respected our Trend Line as resistance, Our 200 EMA also seems to resist market price here. In addition we can also expect Retracement from .382 Level from Fibonacci Retracement tool. And most important we can also observe that our Trend Line, 200 EMA and Resistance Level are meeting almost at a same point so we can expect Bearish movement after a small Pushback and go for a Short Position.
I hope this will be Helpful to you. And If if you have any suggestion and questions related this Idea please comment below.
-Thank You
Today in this Technical analysis of EUR/USD - 60M we can easily observe a very strong Bearish movement in the market from couple of past few days and the market had also respected our Trend Line as resistance, Our 200 EMA also seems to resist market price here. In addition we can also expect Retracement from .382 Level from Fibonacci Retracement tool. And most important we can also observe that our Trend Line, 200 EMA and Resistance Level are meeting almost at a same point so we can expect Bearish movement after a small Pushback and go for a Short Position.
I hope this will be Helpful to you. And If if you have any suggestion and questions related this Idea please comment below.
-Thank You
Order cancelled
Prediction was correct but Entry doesn't Triggered.Trade active
Entry Triggered At 8:00 AM , 16 March, 2020Trade closed: target reached
Take Profit Hit at 2:00 PM , 16 March, 2020Disclaimer
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