Trading Update: EUR/USD Short Position

🚀 Trading Update: EUR/USD Short Position 🚀

Just entered a short position on EUR/USD at 1.09128! 📉 Here’s why:

🔍 Volume Profile Insight: The previous daily volume profile shows a P shape, indicating a possible bearish trend.

📈 MACD Signal: We've had a cross in MACD on the hourly chart, which supports the downward momentum.

📊 Volume Profile POC: We’re currently trading below the previous day's Volume Profile Point of Control (POC), reinforcing the bearish outlook.

Let’s see how this plays out! 🚀📉

#Forex #Trading #EURUSD #TechnicalAnalysis #MACD #VolumeProfile
Chart PatternsTechnical IndicatorsTrend Analysis

Disclaimer