EURUSD SHOWING A GOOD DOWN MOVE WITH 1:5 RISK REWARD
DUE TO THESE REASON
A. its following a rectangle pattern that stocked the market
which preventing the market to move any one direction now it trying to break the strong resistant lable
B. after the break of this rectangle it will boost the market potential for break
C. also its resisting from a strong...
EURUSD 1H Timeframe Projection
DXY - Data Global forecasts say it will decline. Yes, it may, but the dollar is still rising today.
DISCLAIMER: All labeling and wave counts are done by me manually and I will keep changing according to the LIVE MARKET PRICE ACTION. So don't be bias, hope on my trade plans...try to learn, and make your strategy... Following is not...
Reason For SELL
1. Breaked Support @ 1.08350
2. Double Bearish Engulfing in last Week
3. Overall Sell Trend in 4H
Overall Possible Outcomes
🔹FX SIGNAL
EURUSD SELL 1.08175
SL 1.08850
TP 1.07011
CAPITALCOM:EURUSD
EURUSD has creating a Head and Shoulder if it breaks the Drawn neckline then we can plan for sell side and take retest entry. plan your trade accordingly...
#EURUSD Fibonacci Retracement
First retracement at 1.08450 (38.20%),
second retracement at 1.08200 (50.00%),
third retracement at 1.07948 (61.80%),
thank you.
