EURUSD Short Idea
Hello
I think the long-term bearish trend that started on June 4th continues and is now at the end of the correction.
In this area, we see a butterfly pattern that has been formed at the end of the modification.
The ISM Manufacturing PMI is out and although the numbers were not good for the dollar, they continue to trend lower. I look forward to the release of employment indicators at the end of the week and hope it favors the dollar as my sell trade is still open.
I think the long-term bearish trend that started on June 4th continues and is now at the end of the correction.
In this area, we see a butterfly pattern that has been formed at the end of the modification.
The ISM Manufacturing PMI is out and although the numbers were not good for the dollar, they continue to trend lower. I look forward to the release of employment indicators at the end of the week and hope it favors the dollar as my sell trade is still open.
Trade closed manually
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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.