EUR/USD short idea from local resistance(h4)
The corrective movement after a strong downward impulse pushed away from the Fibo resistance level of 50%.
And it looks like the downward movement is gaining strength.
The best position for a short would be the intersection of the local resistance level (former support) and the local trend line formed by the corrective movement.
And it looks like the downward movement is gaining strength.
The best position for a short would be the intersection of the local resistance level (former support) and the local trend line formed by the corrective movement.
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