EURUSD sell trade idea 05 05 2021
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
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