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EURUSD Short based on confluence analysis
Euro / U.S. Dollar
Short
EURUSD Short based on confluence analysis
By Flazedude
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Aug 18, 2016
3
EURUSD has reached the upper channel of a downtrend (Daily chart), if it doesn't break the previous high, I will want to short it from around 1.13257.
SL @ 1.13325
TP1 @ 1.12718 first resistance zone
TP2 @ 1.11549 0.618 retracement level.
TP3 @ 1.08339 (Bottom of the potential daily downtrend channel)
Flazedude
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