currencynerd

forex major losing bullish potential

Short
currencynerd Aggiornato   
PEPPERSTONE:EURUSD   Euro / Dollaro
Euro/U.S.Dollar has been struggling to push higher than @ 1.4 as price found support around the 1.13546 areas , currently daily supply peak @ 1.13546 is in control and price has formed several OHLC candles below bullish trendline and even retested supply zone that caused the breakout , this indicates a shift in momentum. Price has also retested top of bearish trendline adding further confluence that price is indeed loosing bullish potential.

I am going short on the currency pair with targets at @ 1.11861 (weekly low)

“I can’t change the direction of the wind, but I can adjust my sails to always reach my destination.” —Jimmy Dean
Trade chiuso: obiettivo raggiunto

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