Euro / U.S. Dollar
Short
Updated

EURUSD: Time to sell?

238
It may be too early to call the end of the long term uptrend.

But there's definitely an opportunity to sell at 61.8% of the last swing, with good risk reward ratio.
Note
Im not entering the short despite the bulls showing some weakening.

The upswing was too aggressive so I did not enter.
Note
The bulls seems to be struggling at 61.8% area...

Im considering whether should enter a short with tight stop loss at 1.1795
Trade closed: target reached

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.