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EURUSD sell trade idea 25 10 2021

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#OPINIONLEADER# #Signal#

SELL EURUSD 1.1620

SL: 1.1650

TP1: 1.1600

TP2: 1.1580

TP3: 1.1560

Signal Analysis by LCMS Traders 

Currency Pair: EURUSD

SELL EURUSD 1.1620 

Timeframe: H1

Step 1 - Previous News: EUR: Flash PMI data overall slowdown in business activities, USD: Flash PMI continued expansion

Step 2 - Trend: Across, Trend Following

Step 3 - Support/Resistance: Breaking Through Support

Step 4 - Indicators

- Bollinger Bands: touch 

- MACD: both down

- Stochastic: H4 heading down

- PSAR: bearish

Step 5 - Upcoming News: EUR: German ifo Business Climate 1600hrs, USD: -

EURUSD sell trade idea 25 10 2021

Edited 26 Oct 2021, 06:18

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