EURUSD - Selling Opportunity
EURUSD - Selling Opportunity.
Timeframe analysis: 1H.
Selling opportunity in the EURUSD pair after a multi-timeframe analysis revealed the following convergences:
- 4H: Fast-moving average acting as resistance.
- 1H: Slow-moving average acting as resistance.
- 15min: Fibonacci level (-0.236) acting as a point of exhaustion of the bullish momentum (pullback), thus indicating a potential bearish continuation.
In terms of risk management:
- Take Profit: Level 1 will be set at the last trend's low. Level 2 will be positioned at the -0.236 Fibonacci level, this time applied to the larger bearish trend.
- Stop Loss: 0.5 Fibonacci level of the bearish trend. (🇮🇳)
Timeframe analysis: 1H.
Selling opportunity in the EURUSD pair after a multi-timeframe analysis revealed the following convergences:
- 4H: Fast-moving average acting as resistance.
- 1H: Slow-moving average acting as resistance.
- 15min: Fibonacci level (-0.236) acting as a point of exhaustion of the bullish momentum (pullback), thus indicating a potential bearish continuation.
In terms of risk management:
- Take Profit: Level 1 will be set at the last trend's low. Level 2 will be positioned at the -0.236 Fibonacci level, this time applied to the larger bearish trend.
- Stop Loss: 0.5 Fibonacci level of the bearish trend. (🇮🇳)
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.