TREND CONTINUATION TRADE FOR UPCOMING WEEK - EURUSD - SHORT
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SEE PICS BELOW FOR FULL VIEW!
DAILY CHART - price making lower lows and lower highs - price got rejected from level 1.13996 - price not broken higher than the previous high which was 1.15000 (if broken price could have gone up) https://www.tradingview.com/x/4qyZrABW/
4 HOUR CHART - price also in a downtrend (confluence with daily chart) - possible pullback into the green area between 50% fib level - or a pullback towards 1.13996 level with 38.2% fib level supporting - 1.13996 level been tested as S/R in the past https://www.tradingview.com/x/627mXyBd/
1 HOUR CHART - price in a downtrend (3 timeframe confluence) - possible entry on the 1 hour chart or lower timeframe https://www.tradingview.com/x/69HriEmo/