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EURUSD sell trade idea 05 05 2021

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#OPINIONLEADER# #Signal#


SELL EURUSD 1.2003

SL: 1.2033

TP1: 1.1983

TP2: 1.1963

TP3: 1.1943

Signal Analysis 

Currency Pair: EURUSD

SELL EURUSD 1.2003 

 

Timeframe: H1

Step 1 - Previous News: EUR: -, USD: -

Step 2 - Trend: Down, Trend Following

Step 3 - Support/Resistance: Breaking Through Support

Step 4 - Indicators

- Bollinger Bands: touch 

- MACD: both down

- Stochastic: H4 turning down

- PSAR: bearish

Step 5 - Upcoming News: EUR: ECB economic forecasts tentative timing, USD: ADP Non-Farm Employment Change 2015hrs, ISM Services PMI 2200hrs


EURUSD sell trade idea 05 05 2021



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