EURUSD ANOTHER DROP
SHORT trade analysis on EURUSD.
Graph is in nice downtrend on daily and 4h charts. It is looking bearish from resistance zone, which is recent Lower Low as well, all the way down to support zone. I found Hidden Bearish Divergence which signalizes bearish continuation. Bearish Engulfing Candle also indicates sell on the chart. Trade idea is also shown on RSI indicator.
If you liked this idea or if you have your own opinion about it, feel free to write in the comments.
Graph is in nice downtrend on daily and 4h charts. It is looking bearish from resistance zone, which is recent Lower Low as well, all the way down to support zone. I found Hidden Bearish Divergence which signalizes bearish continuation. Bearish Engulfing Candle also indicates sell on the chart. Trade idea is also shown on RSI indicator.
If you liked this idea or if you have your own opinion about it, feel free to write in the comments.
Penafian
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