EURUSD is on for a short opportunity on the basis of
- Price failing to break above the 1.1080 monthly zone.
- The bullish momentum has been broken.
- M forming on 2hr and 1hr TF.
-Divergence on 1hr TF.
ENTRY: 1.1080
SL: 1.095
TP: 1.035
- Price failing to break above the 1.1080 monthly zone.
- The bullish momentum has been broken.
- M forming on 2hr and 1hr TF.
-Divergence on 1hr TF.
ENTRY: 1.1080
SL: 1.095
TP: 1.035