Euro / U.S. DollarShort
EUR/USD SELL SETUP on 4H TIME FRAME
EUR/USD ANALYSIS:
- LONG TERM DOWNTREND in PLACE
- RETRACEMENT on 4H CHART ENDED near long term down trend line
- Multiple bearish divergences in MACD on smaller time frames
STOP LOSS above long term trend line
TAKE PROFIT with reward/risk ratio of about 3 should be safe
Good luck!
- LONG TERM DOWNTREND in PLACE
- RETRACEMENT on 4H CHART ENDED near long term down trend line
- Multiple bearish divergences in MACD on smaller time frames
STOP LOSS above long term trend line
TAKE PROFIT with reward/risk ratio of about 3 should be safe
Good luck!
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