I am providing an update regarding our last position, and we are still waiting for the price to gather more liquidity for a downward movement.
Our analysis has identified two supply areas that may serve as favorable positions to short EURUSD. However, it is imperative to ensure the presence of reliable confirmation signals before taking any such position.
Please feel free to leave a comment below if you have any questions.
Thank you.
Our analysis has identified two supply areas that may serve as favorable positions to short EURUSD. However, it is imperative to ensure the presence of reliable confirmation signals before taking any such position.
Please feel free to leave a comment below if you have any questions.
Thank you.
Note
As you see, we are reacting to the first zone, let's wait to see confirmation, still we have a chance to go higher
Note
Price reacted to the second zone
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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.
Related publications
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.