Short 4h EURUSD on break of the trendline

osbetelの投稿
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Following a very bearish daily candle, we have a potential short for EURUSD should it break the trendline on the 4h chart.
If it does, then the next resistance is at the recent daily low around 1.13.

So supposing that it does break and move downwards, we may see another move back to 1.13, followed by further movement to 1.122xx.

Do your due diligence, best of luck.

-Osbetel
トレード終了: 利益確定目標に到達
EURUSD has made a new low. I'm taking profits around here.
Pay attention to price action at the lower trendline! If it breaks, we may see the beginning of a longer term movement towards 1.10 - 1.08. Otherwise, it would be a good place to look for long entries.

-Osbetel
EURUSDshortTrend Analysis

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