short positions on EURUSD!
As the price broke the bullish trend line and it just completed the pullback, I believe when the price breaks out the red zone, we can enter short position. The target for me is the next blue zone which is a minor support and I will enter short position after breaking any of these blue zones. The final target is the orange line.
Note
OK it just gave us one short position and it didn't hit the final target. The reason was the Ukraine war news. I'll give you my next analysis on EURUSD on the next idead.
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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.