EURUSD Rejecting the Top?
EURUSD made a bounce of a support Trendline and on yesterday's news made a surge towards the top of the triangle and price is being rejected at the moment. If H4 closes like hammer inside of the triangle, we can expect that price will continue to fall and we can short the pair.
Stops ideally above the pin or at 1.10, Targets : 1.08000 and 1.06500
Stops ideally above the pin or at 1.10, Targets : 1.08000 and 1.06500
Note
Once EURUSD breaks 1.09, we will place SL on breakeven.
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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.
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.