EUR/USD - Short setup
EUR/USD has been in a strong downtrend for quite some time. Here, we see a rising channel forming. For this setup to work, price needs to remain below our key flat level 1.09500 and break the bottom trendline to the down side.We will be looking for safe sell entries ONLY IF the bottom trendline breaks.
Order cancelled
Good thing we stuck to our plan. We would have entered ONLY IF price broke the lower trendline. Follow us for more analysis!
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.
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.