EURUSD – SHORT – 4 HOUR CHART


SEE PICS TOWARDS BOTTOM!

DAILY CHART
– price got rejected from a monthly key level with a big rejection candle
– 61.8 fib level also supporting the rejection on daily chart
– price in a strong downtrend
– price currently pulled back (did not manage to break monthly key level blue line)

4 HOUR CHART
– price in a overall downtrend on 4 hour chart
– short term uptrend which is the small pullback on the daily chart

TARGET
– looking for price to hit price level 1.12849

https://www.tradingview.com/x/m1daSwEf/
https://www.tradingview.com/x/t57yyKwn/

By admin