Euro / DollaroShort
A possible entry on EURUSD
On Friday we clearly saw the effect of profit collecting at the end of the trading session.
We're looking at this as a retracement and now we expect another drop.
This provides us with a decent selling opportunities from current levels or a little bit higher.
A confirmed entry would be a reversal signal so that's why we will be monitoring each candle.
The target is still the same- down at 1,1640.
For this idea to remain valid we should not see price breaking above previous high at 1,1800.
Watch out for our daily analysis to see what happens next.
We're looking at this as a retracement and now we expect another drop.
This provides us with a decent selling opportunities from current levels or a little bit higher.
A confirmed entry would be a reversal signal so that's why we will be monitoring each candle.
The target is still the same- down at 1,1640.
For this idea to remain valid we should not see price breaking above previous high at 1,1800.
Watch out for our daily analysis to see what happens next.
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💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
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