HANSFXTRADER

EURUSD, Possibly more downside momentum coming next week

Singkat
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OANDA:EURUSD   Euro / Dolar A.S.
Monthly:
Price is below a big descending trendline and it is forming a H&S pattern.

Weekly:
Price is making LLs and it is rejecting the 61.8% of the weekly fib.

Daily:
Price already retested the institutional candle (white box) so it could continue to the downside at least to the beginning of the correction.

4H:
Price formed a bearish W and it rejected the 61.8% of the 4h fib.
Dagangan aktif:
Monthly: Weekly: Daily: 4H:
Pesanan dibatalkan:
Price was too impulsive to the upside due to the DXY weakness.
There was no confirmation to go short on this one.
Penafian

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