Looking at a short in EURUSD, we are sitting in a descending channel, right now it does not look strong enough to look for a clear breakout opportunity but I will keep you guys posted!
- We have formed the start of an inverted U while in a downtrend.
- On the daily, we are trading below the 200 SMA.
- On the 4 hour, we are into the Ichimoku Cloud (This indicates a trend continuation) and about to drop out of it.
- We are in a descending Chanel both long and short term!
- With all the GBP uncertainty around Brexit then I think the Euro will also weaken short term.
* I'm 80% on this trade so take it or feel free to leave it.
* Use your judgment to maybe enter this trade a bit later after watching the setup for a bit just to confirm it a bit more, if we jump out of the Ichimoku Cloud and your not using a SL then I recommend closing out the trade.
- We have formed the start of an inverted U while in a downtrend.
- On the daily, we are trading below the 200 SMA.
- On the 4 hour, we are into the Ichimoku Cloud (This indicates a trend continuation) and about to drop out of it.
- We are in a descending Chanel both long and short term!
- With all the GBP uncertainty around Brexit then I think the Euro will also weaken short term.
* I'm 80% on this trade so take it or feel free to leave it.
* Use your judgment to maybe enter this trade a bit later after watching the setup for a bit just to confirm it a bit more, if we jump out of the Ichimoku Cloud and your not using a SL then I recommend closing out the trade.
Dagangan ditutup: sasaran tercapai
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.