EUR/USD Signal for short
As we see on the chart today price made fake broke of 1.1839, after moved down 220 pips. Sellers has shown their power, i think the price will continue to move down.
At this price, 1.1640 is so dangerous to open sell, because the currency rate could make a pullback to key level 1.1727. Where I will look for an entry point for open sell.
Why there? Because price bounced from that level several times and there I can set predictable S/L.
We can open Short near 1.1727.
S/L set upper 1.1750
T/P: before key buy zone 1.1550
As we see on the chart today price made fake broke of 1.1839, after moved down 220 pips. Sellers has shown their power, i think the price will continue to move down.
At this price, 1.1640 is so dangerous to open sell, because the currency rate could make a pullback to key level 1.1727. Where I will look for an entry point for open sell.
Why there? Because price bounced from that level several times and there I can set predictable S/L.
We can open Short near 1.1727.
S/L set upper 1.1750
T/P: before key buy zone 1.1550
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