Euro / Dollar Américain
Short

EURUSD short in the next days - Rejoin EURUSD Downtrend

135
Rejoin EURUSD Downtrend after strong NFP

I will try to enter EURUSD short 1.2410,
SL 1.2515 (-105), PT 1.2195 (+215) (R:R=2.05)

- 20EMA on 1d chart is at 1.2438, so price should not move much higher above it (SL@1.2410 quite safe)
_____________
after strong NFP on last Friday, no follow through to downside but surely many new/late shorts (even more after fall under 1.2300), so many are stucked on short positions, which will be closed, as soon as price goes above 1.2360, whereafter a short squeeze could spike up to 1.2450, and once those late shorts are out, major DOWNtrend should continue to downside

if a clear rejection between 1.2350 and 1.2365, so maybe a short position based on 1h chart with SL 10 pips above high of that rejection and TP@1.2280





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.