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Eur-usd-short

EUR/USD: How to trade it next week ? Hey guys, As some of you have noticed, I have published in former publications the double top occurring on the pair. The pair should stabilize around 1.22/1.22400 as there should be a technical support from the double top pattern. Where to go from here ? Given the uncertainties which are linked to Italian elections in early March it could affect the EURO currency and push it down. I am still bearish on EUR for next week. If you haven't checked my earlier publications, have a look! And drop a message or a like ;) Cheers Jesse
Short
by SwissPips
3
EUR/USD: Double top confirmed! Check the update!Hey guys, I published this weekend the idea of having a double top formation on EUR/USD. It seems the idea has been confirmed. To complete the pattern, I am now looking for the pair to test the 1.22 area which is a strong support. We had an impulse and we are in a correction phase. I am not excluding further down pressure because of DXY rebound and EU current and coming weakness. Check the explanation in my chart. If you like my ideas, please support me with a like or a comment. You can also refer to the initial idea (EUR) below to have the whole picture. Cheers Jesse
Short
by SwissPips
5
Eur Usd possible Double Top at TL1) Price touched the big falling trendline 2)Price formed a Double Top right at this Trendline 3)RSI confiming a Divergence and indicating that price might go short here I just want to see a break n close through the light blue s/r zone here . I have enough confirmation by the 3 points above for a short now i just need this last push down breaking the structure to open a short position . Alternative keep your eyes open for break to the upside above the Double Top this will invalid the short scenatio for now and will open some space to the upside.
Short
by Trueman23
eur usd short major support from 1.2325 2008 crisis served as beautiful rejection for price, and we saw a huge bearish close on the daily. Price is now once again trapped within the ascending channel. Overall trend is still bullish on the daily TF, however, after bouncing from this key level (1.2325) and closing below on the daily, I look for selling pressure and a short entry. However, I will wait until sellers defend 1.22 level to enter short with 1.207 as TP1. TP2 will be 1.1930.
Short
by KeithanSmith
EURUSD ShortThis is related to last week's idea of shorting EURUSD but wider time horizon/long-term (because in the short-term/daily trades, might ride the bullish wave if it still continues until next week with TP @1.20-- see hourly chart below) to not only reflect the expectation regarding Fed rate hike this December, but also sentiment on EUR's seasonality especially on Q4 despite recently defying the expected consolidation after forming a head and shoulders pattern in the daily charts. Setting up a tentative short stop order a few pips below @1.15 with TPs at S3 and S4 pivot lines, and SL between R1 and base pivot lines. www.marctomarket.com www.dailyfx.com www.fxstreet.com Hourly: Weekly: Confidence: B (any further news about optimism on Europe's economy and doubts on US administration can cause this pair to reverse and bullish, or at least go ranging in the next few weeks)
Short
by aiza_belle
1