EURUSD is trading inside a Channel Down pattern and is about to form a Death Cross on the (1h) time frame. All recent Death Cross formations resulted in a Lower Low.
Trading Plan: 1. Sell on the current market price.
Targets: 1. 1.03500 (bottom of Channel Down).
Tips: 1. The RSI (1h) has formed the very same Lower Lows pattern as during all those previous Death Crosses.
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.
Stop gambling with your trades! 🎰
Start being profitable! 💰
Also on:
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.