EUR/USD with Leonid Vereschagin

By Leonid Vereschagin, independent trader and analyst

EUR/USD technical

Feb. 12, 2014


Chart 1. Daily EUR/USD

Technical picture at D1 is in favor of shorts. We’ve got an ideal shooting star formed after 4 bullish candles. Moreover, this candle formed exactly at the trend line.


Chart 2. H4 EUR/USD

Trade signal

SELL in the $1.3620/80 area

Stop Loss:  $1.3705

Take Profit:  $1.3525

The pair may also reach $1.3480.


Chart 3. H1 EUR/USD

No signals on H1, but we have enough on D1/H4.

Conclusion: Sell-signal is confirmed.  


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