EURUSD has reached a key support from 2018 and is showing serious signs of weakness here. Counter-intuitive trade Idea.
Price formations + retail trader bias (long) suggest this should drop lower. The next support is a long way down so I can see a big move down incoming.
Very good R:R on this one too.
Potential Loss = -0.25%
Potential (maximum) gain = +2.25%
Price formations + retail trader bias (long) suggest this should drop lower. The next support is a long way down so I can see a big move down incoming.
Very good R:R on this one too.
Potential Loss = -0.25%
Potential (maximum) gain = +2.25%
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.