144.110-144.220 are strong resistance levels, those levels even seem pegged if you check H4 properly but let's not dwell on that.
Reasons for this short idea:
1. Divergence from the action of price
2. Price almost at a psychological level
3. EUR fundamentals (news release) are poor as at Frankfurt session
4. RSI at overbought levels
Enter this position with proper risk & money management and do not over leverage your account !.
Reasons for this short idea:
1. Divergence from the action of price
2. Price almost at a psychological level
3. EUR fundamentals (news release) are poor as at Frankfurt session
4. RSI at overbought levels
Enter this position with proper risk & money management and do not over leverage your account !.
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.
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.