- December 4, 2020
- Posted by: Tradingshot Articles
- Category: Forex
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Pattern: Channel Up on 4H.
Signal: Sell towards the 4H MA50, as the MACD made a Bearish Cross almost exactly where it made its November 09 Cross. Buy once contact is made.
Target: 1.2200.
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Tradingview link:
https://www.tradingview.com/chart/EURUSD/1mlsuAo1-EURUSD-Pull-back-possible-on-Bearish-MACD-Cross/