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CONFLUENCES
** On the Monthly TF we can see that EURUSD has printed a very clear Bearish engulfing candle
** We can also see that the market has successfully broken a strong 5 months accending trendline, giving us a shift from our buying bias to a sell
** It has also started creating its first lower-high point
** I'd short this pair to 1.1500 which is my monthly 38.2 fib level
CONFLUENCES
** On the Monthly TF we can see that EURUSD has printed a very clear Bearish engulfing candle
** We can also see that the market has successfully broken a strong 5 months accending trendline, giving us a shift from our buying bias to a sell
** It has also started creating its first lower-high point
** I'd short this pair to 1.1500 which is my monthly 38.2 fib level