Euro / U.S. DollarShort
Eurusd short opportunity H1
Hello traders
Its been a hell of a start for this week and price is acting strange with these huge moves up and down.
However I believe as long as the price stays below the red line I assume its bearish. As for entries the currenct price is a good selling opportunity however you should maintain a stop loss a pip above the red line and projected targets are plotted on thr chart... not sure which one is the optimal target zone but im holding for tp 1 because im uncertain about a price drop beyond that.
Good luck
Its been a hell of a start for this week and price is acting strange with these huge moves up and down.
However I believe as long as the price stays below the red line I assume its bearish. As for entries the currenct price is a good selling opportunity however you should maintain a stop loss a pip above the red line and projected targets are plotted on thr chart... not sure which one is the optimal target zone but im holding for tp 1 because im uncertain about a price drop beyond that.
Good luck
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.
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.