Dear friends, we had a good run selling EUR/USD from the 1.20 levels.
Above you can see the latest sell trade which netted 150+ pips profit.
Although, I would like to put some more sells in EUR/USD, current
market price is not attractive for selling.
In fact, it is quite likely that EUR/USD will pullback close to the
1.18 level.
So, if any counter trend trader is looking to buy, this is a low-risk
opportunity.
Sellers on the other hand, must wait for a pullback to happen so
that they can sell from higher levels.
Above you can see the latest sell trade which netted 150+ pips profit.
Although, I would like to put some more sells in EUR/USD, current
market price is not attractive for selling.
In fact, it is quite likely that EUR/USD will pullback close to the
1.18 level.
So, if any counter trend trader is looking to buy, this is a low-risk
opportunity.
Sellers on the other hand, must wait for a pullback to happen so
that they can sell from higher levels.
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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.