EUR/USD sell continuation idea
This is in continuation to my previous idea where I advised selling
EURUSD@1.2180-1.2200.
In the hourly chart, I have noticed a mini price channel. Based on this,
a drop towards the lower end of the price channel is expected.
With US dollar gaining strength across the board, I would recommend
selling the rallies in EURUSD@1.2180-1.2208 with SL above the resistance
and TP at 1.2080
EURUSD@1.2180-1.2200.
In the hourly chart, I have noticed a mini price channel. Based on this,
a drop towards the lower end of the price channel is expected.
With US dollar gaining strength across the board, I would recommend
selling the rallies in EURUSD@1.2180-1.2208 with SL above the resistance
and TP at 1.2080
Note
Executed a new sell at 1.2184 as per ideaTrade closed: target reached
Trade closed at 1.2092 Huge profit :)
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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.