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Sell-signal

USD CAD Short with Harmonic PatternI am looking for an upcoming short on FX:USDCAD I am basing my short claim on previous market action which failed under similar area of resistance There are 2 different Tp options listed above 1st Tp is set at the 38% fib line which is measured from the entry point to the C leg of the harmonic pattern 2nd Tp is set at the 50% fib line which is measured the same way Be careful with this trade as the entry has not securely formed showing details for the short. Once you see a definite confirmation for the sell, I would then enter the trade. This trade is for educational purposes only, and not a recommendation to take based on my charting
Short
by theyoungbloodcollective
EURUSD SELL market 25/11/2019I believe the EUR/USD price will continue to fall, retest to around 1.103 and then restart its bearish trend. I will be placing a SELL trade at the 1.10250 mark, just below the previous high (1.10325), and another at 1.10300. I have put my STOP at 1.11000. This is in case the higher trend is tested (dashed dark blue line). My initial take profit is around the 1.095 mark, as this area has seen strong levels of resistance. This totals roughly 500 pips. My second TP is at 1.09017, at a key area of resistance, and also just above its lowest price this year. This totals >900 pips. If the previous low is not broken, then we can presume that there will be a EURUSD trend reversal, and the market will begin its bullish trend. If you have any feedback please don't hesitate to get in contact. Id love to hear your thoughts, what do you predict the market will do? Will we see a trend reversal? *notes* TOP red line - SL dark green line - 1st TP light green line - 2nd TP White line - OPEN price Blue lines are trends
by OJFeeney