Euro / U.S. DollarShort
EURUSD LONGTERM short
Hi moneymakers,
Longterm trade for EURUSD, after a nice weekly resistance and 4 rejections, its time to find an entry for a short on EURUSD.
We are currently forming the double top wich, after a major move down, will create a M-pattern.
So, what are we doing, we will monitor price-action to find an entry for a short (higher risk)
and IF we go down, all the way to complete the M, ofcourse we are going to look for a retracement to the neckline (less risk)
Follow me to stay updated on this pair.
Longterm trade for EURUSD, after a nice weekly resistance and 4 rejections, its time to find an entry for a short on EURUSD.
We are currently forming the double top wich, after a major move down, will create a M-pattern.
So, what are we doing, we will monitor price-action to find an entry for a short (higher risk)
and IF we go down, all the way to complete the M, ofcourse we are going to look for a retracement to the neckline (less risk)
Follow me to stay updated on this pair.
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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.