EURUSD - SHORT - STRATERGY 1 - WK10CH24

BIAS: SHORT AS PER BELOW ANALYSIS

Bullish Indications:

1) Bullish Trend - Daily, Bullish Trend - 4 Hr, Bullish Trend - 1 Hr.
2) Support @ 1.06390 & 1.05050.
3) Bullish Engulfing - 1 Hr


Note: Take a Long entry after resistance of Rising Wedge is broken and respected at retest.

Bearish Indications:

1) Resistance @ 1.07868
2) Bearish Harami + Hanging Man - 4 Hr
3) Rising Wedge
4) Bearish Divergence - 1 Hr


Note: Take a Short entry after Support @ 1.06390 is broken and respected at retest. Additional Short opportunity if Price breaks the Support of Rising Wedge and respecs it at retest.

Thank You!
Chart PatternsTechnical IndicatorsTrend Analysis

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