EUR/USD - 700 Pips Down Potential!
Hello traders,
I bring you here an interesting view LONG TERM on EUR/USD.
In this chart we can see EUR/USD is about to become a long time bear.
We have a bearish cross on MAs, Broke an almost 2 year old support trend line and now after retest the trendline a Shooting Star Candle.
This trade has big downside potential and for those who love swing trading will certanly appreciate this analysis.
I personally am more of a Daily trader, but i spotted this oportunity and wanted to share with you all.
If you find this post useful dont forget to leave a like :)
See you on next trade,
ForexAcademyClub
I bring you here an interesting view LONG TERM on EUR/USD.
In this chart we can see EUR/USD is about to become a long time bear.
We have a bearish cross on MAs, Broke an almost 2 year old support trend line and now after retest the trendline a Shooting Star Candle.
This trade has big downside potential and for those who love swing trading will certanly appreciate this analysis.
I personally am more of a Daily trader, but i spotted this oportunity and wanted to share with you all.
If you find this post useful dont forget to leave a like :)
See you on next trade,
ForexAcademyClub
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.