the EUR/USD has been trending down very short term, staying close to the bottom trend line in the trend channel. I predict it bounces of the lower line and the longer term trend continues, at least till a level of resistance. at 10:14 13/10/20 three has been a bullish hammer candle right at the lower trend line which indicates the buyers are strong and don't want the price to go underneath the lower trend line. there was a death cross on the 15 minute time frame with 50MA crossing 200MA, this doesn't change my view however as it happened in the past and the bullish trend continued. S/L can go right under 200MA on 1 hour time frame.