EUR/USD with Leonid Vereschagin
By Leonid Vereschagin, independent trader and analyst
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
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.