EUR/USD / Short
I expect the price to continue to move lower, pending confirmation such as a rejection candle. My goal is support zone around 1.0356-1.0366. It's a major daily and weekly area. too.
Good sell options are: 1.04150 and/or 1.04220, If the price moves Up.
Good sell options are: 1.04150 and/or 1.04220, If the price moves Up.
Trade active
Now, we've got a good candle, so Sell option is valid ...Note
If the idea completed successfully, Watch out!
1.0350 spot is a part of the important lower daily support line, and from there may easily Reverse Towаrd 1.056 and 1.067 levels !
Note
Unfortunately, the correction was shallower at 1.03715Trade closed: stop reached
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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.