empty
 
 
15.11.2013 04:54 PM
EURUSD short opportunities ripe now. 1.35-1.36 levels of interest

This image is no longer relevant

Technical outlook and chart setups:

The currency pair is preparing to give it all on the downside. As seen here the outer line was breached earlier and prices have tested resistance at 1.35 levels as well. It is recommended to initiate 50% short positions now (1.3440) and remaining on a spike towards 1.3550-1.3600 levels. Immediate resistance is at 1.3550, followed by 1.3800; while support is around 1.3100levels respectively. The overall structure seems to be unfolding that of a head and shoulder. Ideal right shoulder formation should be around 1.3600 levels and the downside extensions are 1.31 and lower. Short term rally should be used as an opportunity to initiate short positions.

Trading recommendations:

Sell 50% now and remaining around 1.3550-1.3600, stop is at 1.38, target is open.

Good luck!

Ringkasan
Urgensi
Analitik
InstaForex Analyst
Mulai berdagang
Dapatkan keuntungan dari perubahan nilai mata uang kripto dengan InstaForex.
Unduh MetaTrader 4 dan buka perdagangan pertama Anda.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    GABUNG KONTES
  • Chancy Deposit
    Isi akun Anda sebesar $3000 dan dapatkan $6000 lebih banyak!
    Pada Desember kami mengundi $6000 dalam promo Chancy Deposit!
    Dapatkan kesempatan untuk menang dengan melakukan deposit sebesar $3000 pada akun trading Anda. Setelah memenuhi persyaratan ini, Anda telah menjadi partisipan promo.
    GABUNG KONTES
  • Trade Wise, Win Device
    Top up akun anda dengan dana minimal $500, daftar kontes, dan dapatkan peluang untuk memenangkan perangkat seluler.
    GABUNG KONTES
  • 30% Bonus
    Raih bonus 30% setiap kali anda top up
    DAPATKAN BONUS

Artikel yang direkomendasikan

Tidak bisa bicara sekarang?
Tanyakan pertanyaan anda lewat chat.
Widget callback