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Eurusdshortsetup

EUR/USD Technical Analysis.Currently, EUR/USD is trading at 1.1291. The pair may start a new down trend if it breaks the support level at 1.1205. Previously, the pair was consolidating in the resistance and support wedges. If the pair starts a new down trend after breaking the support level, then its target price will be at 1.0993. Follow a proper risk management strategy to avoid unnecessary losses and to increase profitability, don't risk more than 2% of your capital on each trade. Do follow us for future Forex trend analysis and Ideas. Thank you, Rishikesh Lilawat
Short
by rishililawat5
4
EURUSD - Tracking Minor Waves - Leading Diagonal Wave 1So the bounce back left behind a series of 3 waves down, enough to make a leading diagonal. Leading diagonal retracements are deep. Looking at a 61.8 or 78% pullback ahead of some news events later today. If you have counted 5 waves up from the magenta line then the wave 2 correction will be completed. Price action cannot go above 1.08750, so another opportunity to short this or move stops coming up. Please LIKE and FOLLOW to get notification of updates and future posts.
Short
by AriasWave
EUR/USD - Short Set up - 100 Pips profit?The EUR/USD reached last week the 50er Fibo Retracement in the area of 1.1160. As the EUR/USD couldn´t close above there was a nice short opportunity with a risk of around 20 Pips. If you missed the short - there will be a second chance again! You could short the pulllback to 1.11 with a stop of around 30 Pips. The first target could be in the area of 1.10 and the second one in the area of 1.09. EUR/USD stay short until the last high will be taken in the daily chart. Always keep in mind to reduce your risk fast and move the Stop Loss to the entry point if you have the chance. Good trades and stay in business
Short
by Tradingsignal24