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go8686
2019年3月29日晚上10點01分

USDEUR IS OVERBOUGHT A DROP IS COMING 看空

US Dollar / EuroICE

描述

USDEUR has high probability to drop, reasons:

  • Overbought (Yellow) in 85m 2H time frames indicated by "9 Seasons Rainbow Multiple Time Frames Pattern PRO" Indicator;
  • RSI Divergence
  • Previous Resistance: 0.892
  • Previous ascending channel has been broken.


Target 1: 0.884 Fib 0.618
Target 2: 0.881 Fib 0.382
Target 3: 0.873 Fib 0.236
STOP: 0.893

Some factor that against this idea: 1H Crazybought (Lime) means Bull has just overcome some resistance and is still strong, this may keep them longer on the possible Top.


DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make their own decisions, carefully assess risks and be responsible for your own investing and trading activities.
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