Euro / DollaroShort
DeGRAM | EURUSD decline in the channel
EURUSD is in a descending channel between trend lines.
Price has reached the upper boundary of the channel and dynamic resistance and is now holding under the 62% retracement level.
The chart has broken the descending structure, but the ascending one has not been formed yet.
The indicators on the 1H Timeframe indicate local overbought and a bearish divergence has formed.
We expect a decline in the channel after a retest of the upper boundary.
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Share your opinion in the comments and support the idea with like. Thanks for your support!
Price has reached the upper boundary of the channel and dynamic resistance and is now holding under the 62% retracement level.
The chart has broken the descending structure, but the ascending one has not been formed yet.
The indicators on the 1H Timeframe indicate local overbought and a bearish divergence has formed.
We expect a decline in the channel after a retest of the upper boundary.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
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bit.ly/3spSQqC
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
🔻Contact for Paid SIGNALS🔻
t.me/DeGRAMForex
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Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
🚀TOP 1 broker🚀
bit.ly/3spSQqC
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
🔻Contact for Paid SIGNALS🔻
t.me/DeGRAMForex
bit.ly/3spSQqC
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
🔻Contact for Paid SIGNALS🔻
t.me/DeGRAMForex
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.