(4H) EURUSD short.
This is an interesting setup for a short on the EURUSD. I've made my probability estimates based on standard indicators:
1. EMA50
2. Aroon 19 (a customised version).
3. BuySellSignal
4. ATR stop-loss by Vervoort.
5. RSI.
6. Fibonacci
Key features - all considered together:
1. Established down trend is re-established by price falling below EMA50 on 4h.
2. Aroon down (the bears) has shot to 100 and made an ideal cross at 50.
3. Weak bullish rebellion has failed (Aroon up falls off not getting near to 50, and bears setting back in).
4. Fibonacci support fails at 61.8
1. EMA50
2. Aroon 19 (a customised version).
3. BuySellSignal
4. ATR stop-loss by Vervoort.
5. RSI.
6. Fibonacci
Key features - all considered together:
1. Established down trend is re-established by price falling below EMA50 on 4h.
2. Aroon down (the bears) has shot to 100 and made an ideal cross at 50.
3. Weak bullish rebellion has failed (Aroon up falls off not getting near to 50, and bears setting back in).
4. Fibonacci support fails at 61.8
Nota
Shorted with stop-loss just above 61.8 Fib, at ATR stop-loss line.Nota
Trend re-established after a minor bull rebellion.Nota
South we go!! LOLNota
Doing okay!! LOL 
FED balance sheet 42% of GDP @ 2020-01-26. Does money have value anymore? [Different perspective on the virus youtu.be/NjTdvALChwk ]
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.
FED balance sheet 42% of GDP @ 2020-01-26. Does money have value anymore? [Different perspective on the virus youtu.be/NjTdvALChwk ]
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.