Short oportunity on EURUSD!
EURUSD HAVE CLOSED BELOW THE 2 WEEK UPWARD SUPPORT! NOW WE ARE LOOKING FOR IT TO BREAK THE HORIZONTAL SUPPORT ( BLUE LINE) before considering entering short if the break holds and does not retrace ( false breakout!) The trend is your friend and even tho the last 2 week have had upward momentum the overall bias on the daily chart is downward. Knowing this we would like the EurUsd to go back to its prior resistance of 1.092. RISK reward of this trade will be 3.6 or so!
Remember; the trend is your friend!
Stay safe and enjoy!
Remember; the trend is your friend!
Stay safe and enjoy!
Trade active
Currently active in trade and running in profits
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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.