Euro / U.S. DollarShort
EUR/USD sell trade continuation with target at the 100day EMA
Hello traders! In my weekend analysis for EURUSD, I recommended selling
EURUSD@1.2220-1.2260. ( previous idea attached below)
So, I hope you have already got your sell entries and you are currently in profit.
Currently, we have yet another bearish daily candlestick with a relatively long
wick at the top indicating that the sellers are slowly stepping in.
So,if the bearish price action continues, I would expect further drop towards the
1.2150 and eventually towards 1.2040 as well.
My recommendation is to keep selling EURUSD@1.2220-1.2260 with SL above 1.23
and TP as mentioned above.
EURUSD@1.2220-1.2260. ( previous idea attached below)
So, I hope you have already got your sell entries and you are currently in profit.
Currently, we have yet another bearish daily candlestick with a relatively long
wick at the top indicating that the sellers are slowly stepping in.
So,if the bearish price action continues, I would expect further drop towards the
1.2150 and eventually towards 1.2040 as well.
My recommendation is to keep selling EURUSD@1.2220-1.2260 with SL above 1.23
and TP as mentioned above.
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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.