Euro / U.S. DollarShort
EURUSD SHORT
EURUSD: (SHORT) price have been on a rising channel. But bullish momentum has weakened and price is beginning to make lower highs.
I marked the Fibonacci on the chart from previous swing high down to the swing low. To get my 61-50 level marked and my 50-38 marked too.
Expectedly. Price got rejected from the 61-50 region. Pushed down to new lows and bounced back up to the 50-38 region. Looking for the perfect entries to short since price is already rejecting the region again.
In confluence, in order to certify bearish sentiment, I marked my pivot points levels on the charts, and price is currently below Friday’s PP— MEANING BEARISH
I marked the Fibonacci on the chart from previous swing high down to the swing low. To get my 61-50 level marked and my 50-38 marked too.
Expectedly. Price got rejected from the 61-50 region. Pushed down to new lows and bounced back up to the 50-38 region. Looking for the perfect entries to short since price is already rejecting the region again.
In confluence, in order to certify bearish sentiment, I marked my pivot points levels on the charts, and price is currently below Friday’s PP— MEANING BEARISH
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.