Hit the like button if this was useful to you... CONFLUENCES ** On the Monthly TF we can see that EURUSD has printed a very clear Bearish engulfing candle ** We can also see that the market has successfully broken a strong 5 months accending trendline, giving us a shift from our buying bias to a sell ** It has also started creating its first lower-high point ** I'd short this pair to 1.1500 which is my monthly 38.2 fib level