EUGPB situated into ascending channel which will breakdown,i m sure about this becouse we have a classic bearish setup:
MACD touched neutral zone(0) and now going down,buy volume also going down which is another sign of bearish
RSI overbought and bearish cross CONFIRMED
RSI dropping,below 50 will be bearish
Targets for this short: 0.885 , 0.883, 0.881 and 0.880
ENJOY
MACD touched neutral zone(0) and now going down,buy volume also going down which is another sign of bearish
RSI overbought and bearish cross CONFIRMED
RSI dropping,below 50 will be bearish
Targets for this short: 0.885 , 0.883, 0.881 and 0.880
ENJOY
Trade closed: target reached
3th target achieved
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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.
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.