Euro / DollaroShort
EURUSD Sell Idea
W1 - Previous W1 spike reached and continuous divergence forming.
D1 - Special cycle completing itself. We have confirmations of reversal in the form of two false breaks and divergence.
H4 Sell option 1 - Break below the current H4 range and sell after that.
H1 Sell Option 2 (aggressive - intraday) - Sell the breakout of the trend line on the H1 chart
H4 Sell option 3 - if the price pushes the to the top of the range we can look for entries there.
Of course all these setups are relevant as long as last swing high is holding.
D1 - Special cycle completing itself. We have confirmations of reversal in the form of two false breaks and divergence.
H4 Sell option 1 - Break below the current H4 range and sell after that.
H1 Sell Option 2 (aggressive - intraday) - Sell the breakout of the trend line on the H1 chart
H4 Sell option 3 - if the price pushes the to the top of the range we can look for entries there.
Of course all these setups are relevant as long as last swing high is holding.
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