EURUSD Sell Position Order

تم تحديثه
Dear Traders,
There are several reasons, indicating that EURUSD is going to have a downtrend to 1.1513.
The first reason: The U.S. dollar index is in wave B and it will move to 95.22 and in completely match with trendline.
The second reason: The frequencies in EURUSD and Dollar index are showing trend change.
The third reason: Divergence in H4 for dollar index and EURUSD.
The fourth reason: Based on Elliott wave theory EURUSD and dollar index are completed their waves.
The fifth reason: Order flow already for downtrend on sell position orders and indicating a trend change.
I will take a sell position at rate: 1.1828 and hold it until 1.1513.
Good luck and have a nice day
FireXForex team
تعليق
H4 didn't close around 1.1828 and closed at rate 1.1840.
I will wait for the next opportunity
Beyond Technical AnalysisdollarindexdowntrendEURUSDfirexforexlongtermorderflowTrend AnalysisWave Analysis

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