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USD Strength? - EUR/USD Short Trade Setup
Euro / U.S. Dollar
Short
USD Strength? - EUR/USD Short Trade Setup
By The808Trader
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Nov 24, 2019
3
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Nov 24, 2019
This pair broke down and through the kumo at the end of last week as a trend trend is trying to get established.
We are close to a bearish kumo twist, so I would like to see a drawback to resistance to look for a sell entry.
If we can get that drawback and form a good rejection I'll look to enter my short.
I've drawn out a few price structure levels to aim for some partial profit as well as the overall price structure goal.
If we fail to get a good drawback or our bearish confirmations change, this setup may become invalidated.
Chart Patterns
EURUSD
eurusdprediction
eurusdshort
Ichimoku Cloud
ichimokuforex
ichimokukinkohyo
Technical Indicators
short
the808trader
Trend Analysis
The808Trader
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