EURUSD Speculation: Sell after Third Touch Rejection at Upper TL
Selling EURUSD at the 1.0980-1.1010 area if it gets rejected after the third touch at the Upper TL could be a viable plan in my opinion.
The recent recovery in EURUSD seems pretty weak and a drop to 1.0650 level is not out of the picture yet.
However, if EURUSD breaks the 1.10 area strongly then this set-up will no longer be valid.
The recent recovery in EURUSD seems pretty weak and a drop to 1.0650 level is not out of the picture yet.
However, if EURUSD breaks the 1.10 area strongly then this set-up will no longer be valid.
Note
EURUSD is slowly going towards the upper TLTrade active
Sold at 1.0977Note
Reversed from the Upper TL once againNote
Dropped more than 50 pips close to 0.5% after touching the Upper TLNote
The initial target has reached; more than 80+pips profit for traders who followed.New set-up updated
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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.
Related publications
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.