Euro / DollaroShort
EURUSD - Rejected Off Descending Resistance
Taking a look at the daily timeframe, price action did in fact arrive as previous explained but now we look for a possible correct with this pair.
See previous analysis below.
On screen you can see that I'm first waiting for a bullish pullback from yesterday's rejection candle to then enter some shorts to the downside.
This setup is only a 1:1.39 risk to reward but has great chances of becoming a winner.
Trade Safe
See previous analysis below.
On screen you can see that I'm first waiting for a bullish pullback from yesterday's rejection candle to then enter some shorts to the downside.
This setup is only a 1:1.39 risk to reward but has great chances of becoming a winner.
Trade Safe
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