TDMarkets

Tactical Play: Sell EUR/USD

Tactical Play: Sell EUR/USD

On March 22, 2017, Posted by , In Uncategorized, By , With No Comments

H4 EURUSD

EUR/USD has reached a lateral resistance level from a D1, there is a tweezer top formation currently forming. Being totally risk averse, one may prefer to wait for the current candle to close on D1. Furthermore on H4 there is what looks to be a MACD divergence forming. One should look to sell EUR/USD for the reasons:

$ Resistance

$ Tweezer formation

$ Stoch overbought

$ H4 divergence

Leave a Reply

Your email address will not be published. Required fields are marked *

WP-Backgrounds Lite by InoPlugs Web Design and Juwelier Schönmann 1010 Wien