EURUSD: Short opportunity on identical fractals.

٤ فبراير ٢٠١٩

The pair crossed into the 1D Sell Zone (1.1500 - 1.1570) last week and was immediately rejected near 1.1515 (already RSI = 52.807, ADX = 19.684, Ultimate Oscillator = 50.469). We have a similar candle sequence occurrence on 4H whose pattern has resulted into a strong decline in the last two times. This is an ideal short opportunity with TP = 1.12900.





** If you like our free content follow our profile (tradingview.com/u/InvestingScope) to get more daily ideas. **

Comments and likes are greatly appreciated.