Shorting EURUSD, awaiting for price entry point to add shorts
From the 4h chart, we can see that it has broken down from the bullish trend line (green dotted line) and is now hovering in the triangle zone. This can either go back to the support turn resistance line at 1.110 and goes sideway for a while before continue its descent.
It could also heads further south from the triangle zone without any pullback so if you are shorting and want to add more to your positions, please watch the chart closely.
Do note that unlike the other pair, this is one of the more conservative (aka boring pair) so do not expect too much volatility intraday. So be patient.
Please DYODD
It could also heads further south from the triangle zone without any pullback so if you are shorting and want to add more to your positions, please watch the chart closely.
Do note that unlike the other pair, this is one of the more conservative (aka boring pair) so do not expect too much volatility intraday. So be patient.
Please DYODD
Note
Proft target 1 achieved
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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.