Bearish Signals: EUR/USD Sell Opportunities Ahead?
Hey Traders!
🔻Potential SELL setup for: EURUSD
👨💻Technical: Candlesticks are near moving averages, should be a good turning point for the trade, however the 1h has not yet crossed them, so you might want to wait for that to happen before you enter, we also broken daily trendline with a push exhaustion cycle finally complete, recent shooting star on the 4h does give more bearish bias.
🎯 For an ideal entry: You either enter now and risk the 1h moving averages will be broken, or wait until they do break, have a push exhaustion and enter short.
🔻Potential SELL setup for: EURUSD
👨💻Technical: Candlesticks are near moving averages, should be a good turning point for the trade, however the 1h has not yet crossed them, so you might want to wait for that to happen before you enter, we also broken daily trendline with a push exhaustion cycle finally complete, recent shooting star on the 4h does give more bearish bias.
🎯 For an ideal entry: You either enter now and risk the 1h moving averages will be broken, or wait until they do break, have a push exhaustion and enter short.
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