TheSignalyst

EURUSD Sell Setup!

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FX:EURUSD   欧元/美元
Hello everyone, if you like the idea, do not forget to support with a like and follow.

on DAILY: EURUSD is sitting around strong resistance in green so we will be looking for sell setups on lower timeframes.

on H1: EURUSD is forming a channel pattern in red so we are waiting for a new/third swing to form around it to consider it objective/valid.

OR

If price breaks our red trendline downward before forming a new dot/swing, then we will not sell, and we will be waiting for a third swing to form around our orange trendline to consider it valid and sell on its break downward.

Trigger: Waiting for a momentum candle close below the gray area to sell.

and until the sell is activated, this one would be overall bullish and can still dive inside the green zone.

As price approaches our lower blue support, we will be looking for buy setups.

Good luck!

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