ahmed.barakat1

ahmed.barakat1

the pair has a potential reversal and form a right shoulder .

ahmed.barakat1

sell at -----------------> 1.4250 Take profit at ---------------------------> 1.4180 Stop loss at ----------------------------> 1.4270 many people think it will rise because of the break of the falling channel. However, EUR is very weak from the fundamental point view.

ahmed.barakat1

buy at -----------------> 108.30 Take profit at -------------------> 109.85 Stop loss at --------------------> 107.50

ahmed.barakat1

as you can see in the picture above selling is good opportunity . Strade setup : sell at the current price take profit at ------------------> 1.25920 Stop loss at -------------------> 1.27500

ahmed.barakat1

the pair bellow the resistance and there are 2 targets to be considered

ahmed.barakat1

the EUROUSD is retracing

ahmed.barakat1

I am looking to sell the pair at the resistance 1.2750

ahmed.barakat1

the price my break to continue to hit the 1.2750

ahmed.barakat1

chose your favorite

ahmed.barakat1

SELL

ahmed.barakat1

The end of the downtrend is almost will finish after hitting the support area around 1.4121