SELL OPORTUNIYU
EUR/USD bulls are loosing power and momentum , from the technical analysis I have applied, seeing a potential chart pattern of the triple top being formed 1.17200 - 1.17000 looks like a very good entry point for Bears with Take profits being at TP1 1.16500 / TP2 - 1.16200 and the best case scenario more of a long term potential Take Profit being at 1.15400 which is the crucial and psychological support which has been highly respected the previous months , Stop loss is located at 1.17450 which is quite a good 1:3 risk reward
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.