🔴 #EURUSD : Ready for Another Drop ?

Updated
Examining the Euro/Dollar chart in the 4-hour time frame, we can see that the price started a strong downward movement today and was able to trade again to close to 1.10, the possibility of a further price drop is high and its first target can be in the range of 1.09670 to 1.09760! In this zone, if you see a suitable trigger, you can look for a scalp position in the direction of BUY!

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👤 Arman Shaban : ArmanShabanTrading
📅 05.08.2023
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Note
Examining the Euro/Dollar chart in the 4-hour time frame, we can see that the price started a strong downward movement today and was able to trade again to close to 1.10, the possibility of a further price drop is high and its first target can be in the range of 1.09670 to 1.09760! In this zone, if you see a suitable trigger, you can look for a scalp position in the direction of BUY!
Note
+35 Pips So Far !
Trade closed: target reached
I hope you have made the most of this EURUSD analysis! It fell exactly to the desired level and started to grow from the same desired range and has moved more than 55 pips in the direction of BUY, the yield of this analysis is 120 pips in total until this moment!
Trade closed: target reached
+90 Pips So Far ✅

snapshot
AUDCADAUDUSDBitcoin (Cryptocurrency)Chart PatternsEURUSDForexGBPUSDTechnical IndicatorssignalsTrend AnalysisUSDCADUSDJPY

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