There is a clear bearish flag on EURUSD. We will look for short entry after the breakout of the flag and retest the channel.
- Just an idea of a beginner, please trade on your own risk.
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Price retracing towards the 0.618 Fibo Level. If we can see a valid Sell signal, we can get into the position.
I am a beginner and this is my view. Please trade at your own risk.
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EURUSD is bearish after bull's rally. An optimistic approach for the economy shows its effects on the pair. For the downside confirmation, we'll need to see the price break 1.12037 price point down and create a lower low under that level.
Trade on your own opinion.
The price will show a retracement in the descending channel. We expect to see a breakout of 1.117 level after the London opening.
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- Like the idea if you agree with this.
Risk Disclosure: Trade in your own opinion.
The price tested the upper limit of the horizontal channel. The main trend is also bullish. Safest entry would be after the breakout of 1.1150 level. I am in from 1.125, targeting 1.100 in a week.
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- Like the idea if you agree with this.
Risk Disclosure: Trade in your own opinion.
