EURUSD - 1.0480 Short Target
Expecting the current leg to unfold till 1.0480
Conservative Stops placed around 1.0640
RR: 1:1
Conservative Stops placed around 1.0640
RR: 1:1
Trade active
Note
2H Chart. For now, the bearish scenario is still valid to me. Price has just retested the resistance zone once again, formed an inverted hammer on the 2H within this zone and failed to close above the diagonal TL in the 4H chart.
I could be wrong, but if this scenario will play out as shown above, the upmove we just saw, was most likely manipulated by the big boys in order to stop all the guys out who placed their SL just above 1.0620
Note
Might have another sell opportunity here
Note
EURUSD visiting hell!
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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.