Confluence of resistance on EURUSD
2020-03-01 12:24:34
Hi pros!
there is a confluence of resistance which where rejected by the price
CR is composed of:
-up trendline
-down trendline
-horizontal resistance
-0.618 fibonacci
There is a very high probablity for price to fall again and possibly continue the downtrend
Let's short this market aiming for a lower low