Euro / U.S. Dollar
Short

Trading Update: EUR/USD Short Position

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๐Ÿš€ Trading Update: EUR/USD Short Position ๐Ÿš€

Just entered a short position on EUR/USD at 1.09128! ๐Ÿ“‰ Hereโ€™s why:

๐Ÿ” Volume Profile Insight: The previous daily volume profile shows a P shape, indicating a possible bearish trend.

๐Ÿ“ˆ MACD Signal: We've had a cross in MACD on the hourly chart, which supports the downward momentum.

๐Ÿ“Š Volume Profile POC: Weโ€™re currently trading below the previous day's Volume Profile Point of Control (POC), reinforcing the bearish outlook.

Letโ€™s see how this plays out! ๐Ÿš€๐Ÿ“‰

#Forex #Trading #EURUSD #TechnicalAnalysis #MACD #VolumeProfile

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