EURUSD (08-10-2018 until 12-08-2018)
Monthly Chart:
Pressure to go down.
Weekly Chart:
https://www.tradingview.com/x/MZC1MDJ4/
Going down pressure too. But need to be aware of the resistance round that zone.
Daily Chart:
https://www.tradingview.com/x/y3wd8i7a/
Looks like consolidation between. Overall still bearish.
4-HR Chart:
https://www.tradingview.com/x/f8QOAzkT/
The price action hit the resistance. If it does not break, it will go down.
1-HR Chart:
https://www.tradingview.com/x/pyXrCuoe/
Conclusion:
Overall chart, the price action is bearish and looking forward for it to be bearish.
Need to time the entry and set a stop loss.
ROI need to be more than 1:2.
Pressure to go down.
Weekly Chart:
https://www.tradingview.com/x/MZC1MDJ4/
Going down pressure too. But need to be aware of the resistance round that zone.
Daily Chart:
https://www.tradingview.com/x/y3wd8i7a/
Looks like consolidation between. Overall still bearish.
4-HR Chart:
https://www.tradingview.com/x/f8QOAzkT/
The price action hit the resistance. If it does not break, it will go down.
1-HR Chart:
https://www.tradingview.com/x/pyXrCuoe/
Conclusion:
Overall chart, the price action is bearish and looking forward for it to be bearish.
Need to time the entry and set a stop loss.
ROI need to be more than 1:2.
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