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Eurusdsignals

EURUSD New update on the Sell SignalI am doing an update on the previous EURUSD sell signal slightly moving my Target higher at 1.08300. So far both the long term (1D chart) and short term (4H chart) indicators and patterns have provided accurate entries as seen by the following ideas: At the moment the new Channel Down is on the consolidation phase around the 1D MA50 (blue line as seen on the chart). The Lower High on the 1W Channel Down is in, so technically the price should decline towards a new Lower Low. Based on the relative % drop from the Lower Highs, the next Low is estimated at 1.08300.
Short
by TradingShot
2
EURUSD Quick update on the Sell SignalMy outlook on EURUSD hasn't changed, still selling with Target: 1.08000 as posted on this idea a month ago, which is so far working remarkably well: I just thought it would be useful to make a quick update on the 4H chart on a possible scenario towards 1.08000. Based on the last bearish leg following the 1.1410 Lower High in June, we are close to a temporary 4H bottom. A Death Cross marked the next Lower High last time and it may do the same this time around. A Channel Down should follow again all the way to a new Lower Low inside the 1M bearish trend. Be advised that it is better to stay short if you took my October 18th sell call and not look to constantly trade within the channel unless you keep 1 good short position open and scalp the channel for smaller side profit.
Short
by TradingShot
4
EURUSD - Sell NowSell EURUSD Now. It has reached the 1 level of fibo and it was crossed. the same fibo line can consider as a support as well. in the mean time MACD shows us that its a bearish movement as well. If you can see the bottom of bollinger band is along with the the candles shows us that its a bearish movement and its confirmed accordingly. Take profit mentioned as yellow box. Note: Trade at your own risk and this is not analysis with any fundamentals. Like us and comment us....
Short
by TuanMSallay