EURUSD indecision on supply zone and resistance
There is also nearby dynamic resistance in the form of a downsloping trendline as part of a longer-term descending channel.
And a possible double top could be forming?
Enter at a break below the low of the indecision candle
Date Pair Direction Trade Trend Level Signal Entry
2019-10-31 EURUSD Short Counter Trend Down Multiple Indecision break
And a possible double top could be forming?
Enter at a break below the low of the indecision candle
Date Pair Direction Trade Trend Level Signal Entry
2019-10-31 EURUSD Short Counter Trend Down Multiple Indecision break
Note
Moved stop to BENote
Moved stop to +0.6RNote
Moved stop to 1R.Note
Moved stop to 1.5R.Trade closed: stop reached
Stopped out at 1.5R
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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.