Eurusdshort
EURUSD WEEKLY FORECAST EURUSD Currently the price is in resistance and for correction it will
move downwards to support @1.17900 - 1.17950 ...wait for price confirmation and GO LONG..
Take profit 1 @ 1.18800
Take profit 2 @ 1.19450
otherwise
it can go downwards upto @ 1.17250 and GO LONG ..
Take profit @ 1.18050.
EURUSD Idea We are now trading a lower tunnel inside this huge triangle.
last week we has ended with the price touching the resistance level .
- Hourly chart indicates a potential H&S set up
- RSI and MACD showing divergencies
Short next to this resistance level aiming to the right shoulder level and see how it reacts. This level is key to show if we are going lower or if we should enter long.
If the price fails to build the H&S that means we are going lower setting up perfectly to enter Long