EURUSD high level overview linked.
This pair did exactly what we expected it would, a climb up to test resistance then a drop.
This pair has now broken the 4hr up trend line. Look to sell at the backside area of the up trend line down to 1.1625 area.
Indicators:
1. RSI in sell zone
2. Backside of resistance area tested and bounced off.
3. Daily bear strong candlestick.
Entry 1 @ 1.1755
Entry 2 @ 1.1770
TP 1 @ 1.1700
TP 2 @ 1.1626
Good luck and let me know if there are any questions.
Charles V
CVFX Management
Trading made Simple
This pair did exactly what we expected it would, a climb up to test resistance then a drop.
This pair has now broken the 4hr up trend line. Look to sell at the backside area of the up trend line down to 1.1625 area.
Indicators:
1. RSI in sell zone
2. Backside of resistance area tested and bounced off.
3. Daily bear strong candlestick.
Entry 1 @ 1.1755
Entry 2 @ 1.1770
TP 1 @ 1.1700
TP 2 @ 1.1626
Good luck and let me know if there are any questions.
Charles V
CVFX Management
Trading made Simple
Note
First sell entry hit, price can still retest 1.1800 for another entry.Note
Trade signal closed @ 70 pips gain. Protect profits, we can reenter on retrace.
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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.
Related publications
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.