Wait for the H4 cycle to complete itself near the trend line and the horizontal resistance. The sell zone we are following is around 1.1150-1.1200.
Sell the Euro once the price reaches the sell zone and creates bearish divergence or more conservatively would be to also wait for a breakout below the most recent up trend line that would form.
Target 1 – 1.1060.
Target 2 – 1.0960.
Stop Loss – above last high to be created.
Sell the Euro once the price reaches the sell zone and creates bearish divergence or more conservatively would be to also wait for a breakout below the most recent up trend line that would form.
Target 1 – 1.1060.
Target 2 – 1.0960.
Stop Loss – above last high to be created.
