EURUSD - WAIT FOR CONFIRMATION | RSI DIVERGENCE / MOVING AVERAGE
EUR/USD Severely over extended and awaiting a substantial correction
There is substantial risk in entering at the current price. Opening a position at these levels may result in liquidation.
Waiting for confirmation via:
[I]Daily RSI @ Extreme RSI Levels ~ 80
VERDICT: EUR/USD due a correction soon with confirmation via the above. Executing a short position now is very risky and may result in liquidation.
There is substantial risk in entering at the current price. Opening a position at these levels may result in liquidation.
Waiting for confirmation via:
- RSI Divergence
- Moving Average Break
- Wick Rejection
[I]Daily RSI @ Extreme RSI Levels ~ 80
VERDICT: EUR/USD due a correction soon with confirmation via the above. Executing a short position now is very risky and may result in liquidation.
Nota
Still Waiting For Divergence From A New HighTrade ativo
• RSI Divergence observed. Short position opened. • This will be a swing trade meaning I will hold this open for 1-4 weeks until momentum switches
• Stop will be trailed as price action progresses.
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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.