DISCLAIMER - This analysis does not warrant any immediate buy and sell. Every trader should do their analysis themselves and have proper risk management executed perfectly in accordance with their trading plan.
Guides:
Red - Resistance Trend Lines
Green - Support Trend Lines
The market tried to break the resistance trend line in a 4h timeframe. It is now rejected by sellers making it a very impulsive move. Resistance trend lines are visible in the 1d timeframe. Lower highs were made, suggesting a possible down move in EURUSD.
Guides:
Red - Resistance Trend Lines
Green - Support Trend Lines
The market tried to break the resistance trend line in a 4h timeframe. It is now rejected by sellers making it a very impulsive move. Resistance trend lines are visible in the 1d timeframe. Lower highs were made, suggesting a possible down move in EURUSD.
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.