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Short the Resistance Opportunity [EUR/USD]
Euro / U.S. Dollar
Short
Short the Resistance Opportunity [EUR/USD]
By AlexMichael
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Updated
Nov 13, 2018
2
Nov 13, 2018
Lower low. Expecting a lower high on these subwaves of the structure.
Broke a solid horizontal support. Shorting the re-test of this support now turned resistance.
Strong bearish momentum concludes we can use the ribbons and resistance level to determine stop-loss level.
Seems reasonable looking on the 1-day too.
This is not financial advice.
Nov 13, 2018
Note
Ignore this one, posted accidentally*
Chart Patterns
EUR
eurodollar
EURUSD
eurusdshort
Forex
forexsignals
forextrading
Technical Indicators
Trend Analysis
AlexMichael
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