Short EURUSD despite strong support!
Updated
Long-term trend is strongly bearish.
Mid-term trend is almost bearish
We are at overbought half of the mid term bearish linear regression channel!
A strong Bearish candle indicate presence of strong sellers
There might be another Bearish move
Regarding to 3 RtoR this trade is rational.
Don't forget about Risk and Money management.
Mid-term trend is almost bearish
We are at overbought half of the mid term bearish linear regression channel!
A strong Bearish candle indicate presence of strong sellers
There might be another Bearish move
Regarding to 3 RtoR this trade is rational.
Don't forget about Risk and Money management.
Note
Recommended:SL: 1.02132
TP: 1.01284
Trade closed: stop reached
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.