Começar
glennmercer

EURUSD: Many Reasons to Short

Viés de baixa
Euro / Dólar Americano (FX:EURUSD)  
glennmercer  
FX:EURUSD   Euro / Dólar Americano
EURUSD 1h glennmercer gmercerfx Pivot Points Daily Pivots pivot Gartley Trend Lines
10
0
eurusd 1h glennmercer gmercerfx pivotpoints dailypivots pivot gartleypattern trendline
EURUSD has reached an excellent level to look for shorting opportunities. A daily resistance trendline has rejected price on 8/11 and sent the pair downward over some important moving averages. These averages are now being retested and are confluent with the new daily pivot. Below price, there is a missed daily pivot that may help drag the pair downward. The completion of a larger TF Gartley provides a nice target. Selling after the break of the bullish trendline is a good idea, especially in this case, since there are some high volatility news events coming up for the USD.

Bearish Confluence:
  • D1 bearish TL resistance
  • 100 Day EMA resistance
  • 500 4H EMA resistance
  • 14 4H SMA resistance
  • Daily pivot resistance
  • Missed daily pivot below price


Happy Trading!

Ideias Relacionadas

glennmercer
AUDUSD Short: Ready for Correction?
Aviso legal

As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.