EURUSD has completed a bearish bat on the H4 timeframe.
RSI is overbought, and it looks like it is turning.
A great way to enter this trade will be to wait for the support trendline to be broken before going short.
Stops will be best above XA 1.27.
Targets will be AD 382 and 618.
Good luck n good trading!
RSI is overbought, and it looks like it is turning.
A great way to enter this trade will be to wait for the support trendline to be broken before going short.
Stops will be best above XA 1.27.
Targets will be AD 382 and 618.
Good luck n good trading!
Note
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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.
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.