EURUSD short setup - 4hr
number of factors pointing to a turn towards the 1.1100 support zone, 2:1 reward:risk trade opportunity
Note
Here we see price testing the volume point of control, supply zone resistance, and creating a double top after a reversal candlestick. Looking for price to continue down towards the 1.11 whole number support, which meets a fibonacci cluster demand zone.
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.