Euro / U.S. DollarShort
Potential turning point ?
The price is approaching the Daily supply zone (Major structure), with a strong momentum to the upside giving us some clues on the above that is acting like a magnet (zone of high liquidity).
The RSI is showing sign of bearish divergence.
I will watch carrefully this zone to find any reason for entry. For agressive style trading this area (red box) could be the entry reason on a limit order.
Happy trading
The RSI is showing sign of bearish divergence.
I will watch carrefully this zone to find any reason for entry. For agressive style trading this area (red box) could be the entry reason on a limit order.
Happy trading
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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.