EURUSD open sell trade
The price began to form the movement, which we discussed in the previous forecast, but worked out the correction back to the resistance line.
However, I continue to expect the price to fall from this line.
Since the retracement line that the price approached is very strong, it has existed since November 2019.
Recently, there was a small breakdown of this line, which can be perceived as false (the price immediately fell).
After such a breakdown and correction to the line, the price has fixed on the resistance and is about to fall.
This is a sell signal.
SL - above the resistance line in case of another false breakout - 1.202
TP - in the area of the support line - 1.185.
-----------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
However, I continue to expect the price to fall from this line.
Since the retracement line that the price approached is very strong, it has existed since November 2019.
Recently, there was a small breakdown of this line, which can be perceived as false (the price immediately fell).
After such a breakdown and correction to the line, the price has fixed on the resistance and is about to fall.
This is a sell signal.
SL - above the resistance line in case of another false breakout - 1.202
TP - in the area of the support line - 1.185.
-----------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
🚀TOP 1 broker🚀
bit.ly/3spSQqC
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
🔻Contact for Paid SIGNALS🔻
t.me/DeGRAMForex
bit.ly/3spSQqC
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
🔻Contact for Paid SIGNALS🔻
t.me/DeGRAMForex
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.