orvilleawright

BEARISH EURUSD 1H: Bearish price action in kill zone.

Corto
FX_IDC:EURUSD   Euro/Dólar estadounidense
BEARISH EURUSD 1H: Support becoming resistance. Bearish price action in kill zone.
(Analysis Based on 1 hour chart)

Observations
1. Long term down channel
2. Short term up channel being retested
3. Price at daily swing low
4. Overbought RSI at 1H swing high

NOTE: Wait for price action to confirm the importance of these levels.
NOTE: This is a counter trend oppertunity based on my daily outlook

If you find this information useful. Please hit the LIKE button.

I may trade all, some or none of the ideas posted. All of my contributions are for educational purposes only. 'TRADE What You SEE'' and all the best!
Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.