EURUSD has been going against techincals on lower time frames but monthly and weekly still points at a drop.
Price currently at a past Resistance and monthly down trend line, which spans from 2008.
I will be looking for a sell entry once we have a bearish daily and/or weekly candlestick below the monthly downtrend line.
Stay tuned for a large sell opportunity with EURUSD.
Stay tuned!
Charles V
cvfxmanagement.com
cvfxwealth
Trading made Simple
Price currently at a past Resistance and monthly down trend line, which spans from 2008.
I will be looking for a sell entry once we have a bearish daily and/or weekly candlestick below the monthly downtrend line.
Stay tuned for a large sell opportunity with EURUSD.
Stay tuned!
Charles V
cvfxmanagement.com
cvfxwealth
Trading made Simple
Note
Entered at 1.1900 last night with short SL. Closed trade at 1.1800 for 100 pips gain.Next setup: Wait for a break below 1.1700 then sell on retest of 1.1700 area towards 1.1500 area.
Note
No bearish signal yet, avoiding entry at the moment.
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Related publications
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.