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Euro / U.S. Dollar
Short

EURUSD Why Not to trade a pullback?

137
EURUSD- we expect a clear pullback before further bullish continuation, as we posted yesterday. Now a pullback has started and why not to trade it? We spot a great double top formation. All we are waiting for is that the price have to make a new lower high, then a neckline break and a re-test of this new structure. This would be a great short opportunity. Be careful and monitor this trade if you take this signal. Move your stop to breakeven as soon as possible, to avoid stop hunting. Enjoy this setup! Follow MF_Forex for more analysis.
MF_Forex
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Double Top or BottomEUREURUSDForexpullbackpullbacktradeTrend AnalysisUSD

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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.
Double Top or BottomEUREURUSDForexpullbackpullbacktradeTrend AnalysisUSD
MF_Forex
Also on:

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.