Euro / U.S. DollarShort
EURUSD Break down the support in 4H candle
In 1D candle, the momentum of MACD and Stoch RSI indicator shows us the overbought and a Macd line hit a Signal line which thought us that the trend must go down. with 4H broke the supports the result must be downward. for more the hit of the last resistance in 1H candle, it has Bearish Divergence. Hope this information useful and if I make anything mistake or missing sth let me know, it good to learn from other people too. :)
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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.