EURUSD SELL for QUICK PIPS.

5 ต.ค. 2020

EVEN THOUGH WE CAN SEE EURUSD WILL POSSIBLY BE MAKING A BIGGER SELL MOVEMENT LATER ON WE CAN ALWAYS TRY AND CATCH 200MPIPS=20 PIPS WHEN WE SEE AN OPPORTUNITY

HERE I CAN SEE A HEAD AND SHOULDER FORMING. I OPEN A SELL ON THE RIGHT SHOULDER AIMING TO TAKE PROFIT NEAR THE NECKLINE OR CLOSEST STRONG SUPPORT.
I ALSO SEE A BEARISH ENGULFISH CANDLE INDICATING IT WILL BE GOING BEARISH.

RSI DIVERGENCE SHOWING THE PRICE IS OVERBOUGHT AND IT IS GETTING WEAKER