Euro / British PoundShort
Downtrend meets bullish resistance
You will see a clear downtrend in this weekly chart, as we actively test the 200SMA.
Combining the downward signal generated by the Mac D, this is a reasonable setup to watch for a bearish trend.
Heikin Ashi candles have been selected for the purposes of this published idea.
Combining the downward signal generated by the Mac D, this is a reasonable setup to watch for a bearish trend.
Heikin Ashi candles have been selected for the purposes of this published idea.
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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.