The Euro Dollar.

Good morning Dynamic Traders,

Todays blog well worth a look at is the EURUSD on the sixty minute timeframe which could turn out to be a good shorting opportunity.

As can be seen from the image below, it is currently tagging the AdvancedGet MOB which as you all know has two outcomes as suggested by its name,
However to add a few confluences for you I have noted a very strong figure on the horizon which could or could not be hit very soon.

There is also the shorter term divergence and together with an AdvancedGet Elliott Wave count of wave 5 in progress.
These are just some of the indicadtions that are present but before taking any trade ensure you trading plan rules are met.

As always please do your own analysis before taking any trade, and give it room to breath as this was a common failing of mine and sometimes still is.

Charts courtesy of AdvancedGet.

Good luck and have a great weekend.

Clayton Farnworth.