The EUR/USD monthly structure, viewed on a daily timeframe, indicates a SELL setup. The TDI (Traders Dynamic Index) has already shown a bearish cross, signaling the presence of sellers in the market. Additionally, the candle formation at resistance is an evening star pattern, which is a reversal indicator. On a smaller timeframe (H4), a triple top formation is visible at resistance.
Targets for take profit are as follows:
- First take profit: 1.07831
- Second take profit: 1.07484
- Third take profit (monthly open): 1.07138
Ensure to wait for valid entry signals before executing trades.
Trade with caution. If you find this analysis useful, please like, follow, share, and leave a comment.
Targets for take profit are as follows:
- First take profit: 1.07831
- Second take profit: 1.07484
- Third take profit (monthly open): 1.07138
Ensure to wait for valid entry signals before executing trades.
Trade with caution. If you find this analysis useful, please like, follow, share, and leave a comment.
Trade fechado: objetivo atingido
DONE AND DUSTED
Aviso legal
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.