EURUSD SHORT/ SELL
Updated
🔰 Pair Name : EUR/USD
🔰 Time Frame : 1H/4H
🔰 Scale Type : MID Scale
🔰 Direction : SHORT/SEL
Last week, the Eurusd market experienced a notable imbalance, largely influenced by the weakening dollar strength. At present, we're witnessing a decline in buying strength, evident from the low buying momentum and the price hovering around 1.12488, signaling a possible accumulation phase for selling.
This morning, there was a spike up, likely triggered by institutional attempts to grab last-minute liquidity before potential shifts in the market.
Based on our analysis, we anticipate the market to seek equilibrium around the 1.1038 area, where it may consolidate and gather buying liquidity from the 4-hour timeframe before potentially resuming its upward movement.
As professional traders, we must remain vigilant and carefully assess these market dynamics to seize future trading opportunities effectively. Let's closely monitor the developments and make well-informed decisions accordingly.
🔰 Time Frame : 1H/4H
🔰 Scale Type : MID Scale
🔰 Direction : SHORT/SEL
Last week, the Eurusd market experienced a notable imbalance, largely influenced by the weakening dollar strength. At present, we're witnessing a decline in buying strength, evident from the low buying momentum and the price hovering around 1.12488, signaling a possible accumulation phase for selling.
This morning, there was a spike up, likely triggered by institutional attempts to grab last-minute liquidity before potential shifts in the market.
Based on our analysis, we anticipate the market to seek equilibrium around the 1.1038 area, where it may consolidate and gather buying liquidity from the 4-hour timeframe before potentially resuming its upward movement.
As professional traders, we must remain vigilant and carefully assess these market dynamics to seize future trading opportunities effectively. Let's closely monitor the developments and make well-informed decisions accordingly.
Trade active
Note
Price is coming down finallyNote
Note
Great area to sell, don't miss out!Note
Note
📈🚀 Trade Update: Hope you jumped in on this one and made a massive profit!🚀💰Trade closed: target reached
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