EUR/USD:SELL Continuation DIV Stoch RSI Bearish SHORT setup

7 Okt 2022

From our last Ideas, the EUR/USD had a strong push down after a Pullback in the Areas of interest like Fibonacci levels and the Dynamic trendline from the bearish channel. Yesterday the price it's fallen more and today may have a small retracement before continuing its rally in the direction of the main trend but we do not exclude a directly new bearish impulse without any correction. The stochastic is still in Divergence and overbought, this is a signal for an imminent short setup as the RSI is already on the bearish side. Our positions for SHORT are already opened, waiting to reach the take profits.

7 Okt 2022

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7 Okt 2022

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