SHORT trade analysis on EURUSD.
Symbol is in nice downtrend on larger charts, so I decided to check 1h chart for new sells, so graph is looking bearish from Double Top if price breaks Ascending Channel and neckline - support of Double Top Pattern. I predicted 2 possible TPs, which are recent Higher Lows. Trade idea is also shown on RSI indicator.
You can also check analysis from yesterday on EURUSD where i already predicted price drop scenario on larger - 4h chart.
If you liked this idea or if you have your own opinion about it, feel free to write in the comments.
Symbol is in nice downtrend on larger charts, so I decided to check 1h chart for new sells, so graph is looking bearish from Double Top if price breaks Ascending Channel and neckline - support of Double Top Pattern. I predicted 2 possible TPs, which are recent Higher Lows. Trade idea is also shown on RSI indicator.
You can also check analysis from yesterday on EURUSD where i already predicted price drop scenario on larger - 4h chart.
If you liked this idea or if you have your own opinion about it, feel free to write in the comments.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.