My Idea of sell trade on EurUsd. As price get below "Lower timeframe support" It can be a confirmation that it can go to the OD/ support on 4H. I expect some small pullbacks on lowertimeframe tho (on lower timeframes exist some minor supports which I expect price to react and form pullbacks)
Note
It break the minor ascending trend with a strong short move. Now usually I close half of the position and move the SL at entry to make the trade risk free. It doesn't look too clean on 4H, having long shadows it means on lower timeframes are some strong battles (pullbacks). I would watch the trade closely.Disclaimer
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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.