Nov 9 2015: BEARISH EURUSD WEEKLY
(Analysis Based on Weekly charts)
Criteria
1. Long term down trend
2.Price close below weekly SR zone
3. Recent strong bearish price action
4. Expect price to continue moving down to the 1.0504x support level
NOTE: Wait for price action to confirm the importance of these levels. I don't trade from the weekly chart. I use it to evaluate overall market direction.
If you find this information useful. Please hit the LIKE button.
(Analysis Based on Weekly charts)
Criteria
1. Long term down trend
2.Price close below weekly SR zone
3. Recent strong bearish price action
4. Expect price to continue moving down to the 1.0504x support level
NOTE: Wait for price action to confirm the importance of these levels. I don't trade from the weekly chart. I use it to evaluate overall market direction.
If you find this information useful. Please hit the LIKE button.
I may trade all, some or none of the ideas posted. All of my contributions are for educational purposes only. 'TRADE What You SEE'' and all the best!
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.
I may trade all, some or none of the ideas posted. All of my contributions are for educational purposes only. 'TRADE What You SEE'' and all the best!
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.