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EURUSD 15m chart: a few hours later

hipernova Posted 29 Mar.
Continuing on the market situation for EURUSD described in my previous post, events unfolded as expected, with a bit of emotion:
Price action went to test the Triangle and R1 with more strength that I previously imagined (look at the volume in the last test); but R1 is a really strong resistance as I expected previously, and after two additional testings, the bullish impulse faded away and price started to go south before German Unemployment data release.
The situation now is quite clear; a stro…
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EURUSD 15m trading chart

hipernova Posted 29 Mar.  in #Eurusd #Chart #Trading Tips
Just found a too good to be real situation on EURUSD:
1D, 4H and 1H show a clear bearish condition, and after the triple support on 1.1242, and posterior perforation, the 1.1235 Resistance and the Triangle breaking shown on the 15m chart offer a really good position to enter shorting the pair. EMA 24 and EMA 100 show a clear bearish condition on the short term, and the bearish channel that started on Monday is still very strong, so the situation is ideal for a few hours to a couple of days trade…
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