Euro / U.S. DollarShort
EUR/USD broke the trendline 3:1 RR
currently witnessing a break and retest of the EUR uptrend that has held since 21/3. Current bearish arguments:
- break and retest of H1 trendline
- rejection from 0.5 Fibonacci
- Held down by H1 EMA 50
- Held down under previous Support and resistance
Entry - 1.1030
SL - 1.1075
TP - 1.0867
RR - 3.5:1
Let me know what you guys think and if you enjoyed then please consider liking this idea and following me, thanks.
- break and retest of H1 trendline
- rejection from 0.5 Fibonacci
- Held down by H1 EMA 50
- Held down under previous Support and resistance
Entry - 1.1030
SL - 1.1075
TP - 1.0867
RR - 3.5:1
Let me know what you guys think and if you enjoyed then please consider liking this idea and following me, thanks.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.