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EURUSD Speculation: Sell after Third Touch Rejection at Upper TL

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FX:EURUSD   Euro / Dolar A.S.
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.
Komen:
EURUSD is slowly going towards the upper TL
Dagangan aktif:
Sold at 1.0977
Komen:
Reversed from the Upper TL once again
Komen:
Dropped more than 50 pips close to 0.5% after touching the Upper TL
Komen:
The initial target has reached; more than 80+pips profit for traders who followed.

New set-up updated
Penafian

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