Euro / U.S. DollarShort
Can EURUSD bears exert enough strength for a price pullback?
Updated
EURUSD forming lower highs (LH) and lower lows (LL) and currently near the 0.718 Fibonacci retracement level, along with forming another LH, there are no bullish signs evident. Therefore, we opt for a short entry.
"Remember to always adhere to the risk-reward ratio, a game-changer in trading. Only risk 0.5% to 1% of your capital per trade"
"Remember to always adhere to the risk-reward ratio, a game-changer in trading. Only risk 0.5% to 1% of your capital per trade"
Trade closed: stop reached
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.