EURUSD Trendline Breakout Ready for a BullHello Traders
In This Chart EURUSD HOURLY Forex Forecast By FOREX PLANET
today EURUSD analysis 👆
🟢This Chart includes_ (EURUSD market update)
🟢What is The Next Opportunity on EURUSD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Eurudshortidea
#EURUSD-SELL-Hello Traders, #EURUSD has been bullish due to DXY have failed to reverse on multiple occasion taking EU to the moon!!!. However, we are expecting this move and it may be the good time to consider shorting #EU before FED announce its decision on whether or not to hike interest rates or not in February.
-So what we are looking for ? - we currently looking for a strong daily bearish candle so today is decider, if prices shows bearish momentum we may consider entering a short using smaller timeframe.
EURUSDTime = 1H
– Structure = Uptrend
– Pattern = head & Shoulders
– Tendency = Downtrend
**** Wait for a reliable confirmation if you trade on 1hr;
Confirmation 1; Price creates RS and then retraces.
Confirmation 2; Price breaks the support, then pullbacks and continues Downtrend
Time = D
– Structure = Downtrend
– Pattern = Double tops
– Tendency = Downtrend
GOOD LUCK
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