Eur/Usd Testing Trend Line

Hello, traders I hope you are all well. I have not been writing as many articles lately and I apologize for that but it is because I am working behind the scenes to develop some exciting free training material in the upcoming weeks. So be on the Look out 🙂 In the mean time don’t forget about our trading competition I am really excited about that. Join up now by clicking this link.

Today we have a solid test of the daily trendline on the Eur/Usd. I am anticipating for this trend line to give way and for the price to continue it’s downward spiral. However do not enter short until we get a daily bearish candle. So I will not be taking any short positions today. I might consider taking it short tomorrow but I will let you know.

Follow me on Twitter if you want to keep updated on this particular trade setup.

Here is the daily chart with the trend line test I was talking about.

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Casey Stubbs is the founder of Winners Edge Trading, which is one of the most widely read forex sites on the web. Winners Edge Trading has trained thousands of people to trade the Forex markets.

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  • Patricio A

    Good article, I’ll be waiting for the signals and your tweets. Thanks for sharing!!!