Why I Think EURUSD Will Sell This Week...Technical Analysis

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Why I Think EURUSD Will Sell This Week...Technical AnalysisEuro/US DollarFX:EURUSDMoneyMantraChaHey Rich Friends, Long time, no see. I wanted to share why I think EURUSD will sell this week, based on my technical analysis. Please check the news and cross reference any indicators on your own chart. 1. The market has crossed and closed below the previous support level at 1.15920. This is also known as a break and retest to the downside. 2. The sellers have been picking up steam over the last couple of hours confirming the selling trend for me. 3. The stochastic is facing down, the slow line (orange) is above the fast line (blue), and both lines have crossed below 50 and 20. There are all bearish/sell confirmation for me. Additional notes: - I will use a previous high as my stop loss and previous lows as my TPs. - I will be setting multiple pending order sell stops and TPs down to 1.15200 and even lower. If they trigger, they trigger, if they don't, I lose nothing. Good luck if you decide to take this trade. Do what makes sense for you. Peace and Profits, Cha