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SHORT ON EUR/USD
Euro / U.S. Dollar
Short
SHORT ON EUR/USD
By BBIDF
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Jan 16, 2023
2
Jan 16, 2023
Price has created equal highs.
The dxy is starting to rise.
If more bears come in to break the uptrend structure we could see price fall further.
Here is the play that I will be taking on this pair:
Order Type - sell stop (pending order)
Entry - 1.07671
Stop loss - 1.08800 112 PIPS
Take profit - 1.03745 392 PIPS
This is a swing trade that may take a few days to play out so please be patient.
Double Top or Bottom
EURUSD
eurusdshort
selling
short
Supply and Demand
Trend Analysis
BBIDF
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