EURUSD, going for a swinging short

22 במאי 2019

If that huge wick/spike to the downside does not make you believe that EURUSD is about to tank, then look at the overall trend. It is in a downtrend channel and the spike retested a major resistance. One does not need much to see that EURUSD is setting up nicely for a short. The tp will be where the bottom trendline of the channel.