Euro / Dollaro
Short
Aggiornato

EURUSD Speculation: Sell after Third Touch Rejection at Upper TL

Selling EURUSD at the 1.0980-1.1010 area if it gets rejected after the third touch at the Upper TL could be a viable plan in my opinion.

The recent recovery in EURUSD seems pretty weak and a drop to 1.0650 level is not out of the picture yet.

However, if EURUSD breaks the 1.10 area strongly then this set-up will no longer be valid.
Nota
EURUSD is slowly going towards the upper TL
Trade attivo
Sold at 1.0977
Nota
Reversed from the Upper TL once again
Nota
Dropped more than 50 pips close to 0.5% after touching the Upper TL
Nota
The initial target has reached; more than 80+pips profit for traders who followed.

New set-up updated
EURUSD breaks the Lower Trend Line

Declinazione di responsabilità