EURUSD Is Going Down! Sell!

2月29日

Please, check our technical outlook for EURUSD.

Time Frame: 4h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish

The market is testing a major horizontal structure 1.082.

Taking into consideration the structure & trend analysis, I believe that the market will reach 1.080 level soon.

P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.

Like and subscribe and comment my ideas if you enjoy them!

3月1日

交易结束：到达目标

That was an excellent trade and the target was reached too!