Euro / DollaroShort
Sell the EURUSD after the rally
Wait for the H4 cycle to complete itself near the trend line and the horizontal resistance. The sell zone we are following is around 1.1150-1.1200.
Sell the Euro once the price reaches the sell zone and creates bearish divergence or more conservatively would be to also wait for a breakout below the most recent up trend line that would form.
Target 1 – 1.1060.
Target 2 – 1.0960.
Stop Loss – above last high to be created.
Sell the Euro once the price reaches the sell zone and creates bearish divergence or more conservatively would be to also wait for a breakout below the most recent up trend line that would form.
Target 1 – 1.1060.
Target 2 – 1.0960.
Stop Loss – above last high to be created.
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