USA_Capital_Funds

EURUSD is Overextended and Profit Taking Can Bring Opportunities

Short
FX:EURUSD   Euro / Dollar Américain
EURUSD broke out of consolidation to the upside so while I'd rather not trade against the trend, the risk to reward can be a great opportunity. ABCD pattern also completed, RSI trend line was broken, and 4h structure is holding price down for 2 attempts to break high so lets see if profit taking can give us a break down for a short term correction with proper risk management.
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.