EURUSD sell trade idea 06 09 2021
SELL EURUSD 1.1864
SL: 1.1894
TP1: 1.1844
TP2: 1.1824
TP3: 1.1804
Signal Analysis by LCMS Traders
Currency Pair: EURUSD
SELL EURUSD 1.1864
Timeframe: H1
Step 1 - Previous News: EUR: -, USD: NFP released last Friday indicated strong decline in the number of jobs created, ISM Services PMI continues to expand strongly
Step 2 - Trend: Up, Counter Trend
Step 3 - Support/Resistance: Bouncing Off Resistance
Step 4 - Indicators
- Bollinger Bands: within
- MACD: both down
- Stochastic: H4 heading down
- PSAR: bearish
Step 5 - Upcoming News: EUR: -, USD: Bank Holiday today
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