🔥 EURUSD remains in downtrend!
The downtrend on the hourly chart is still there. While that's the case, then we should be looking for short opportunities only.
The first reversal signal will be if we see a breakout of previous high and that's why we place our stops there when we are entering short positions.
The opportunities that we currently have:
-sell from 1,1789-90 with stops above 1,1880 expecting the 1,1700 level
-sell after break and retest of the 1,1750 level. In this case we could place stops above the retest. Targets- again around 1,1700
Make sure to not exceed your risk as we have an important week for the dollar!
👍 Please support this idea with like and comment so we can help more people together.
Thank you in advance! 🙏
The first reversal signal will be if we see a breakout of previous high and that's why we place our stops there when we are entering short positions.
The opportunities that we currently have:
-sell from 1,1789-90 with stops above 1,1880 expecting the 1,1700 level
-sell after break and retest of the 1,1750 level. In this case we could place stops above the retest. Targets- again around 1,1700
Make sure to not exceed your risk as we have an important week for the dollar!
👍 Please support this idea with like and comment so we can help more people together.
Thank you in advance! 🙏
Note
27.07.2021 Update
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💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
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✅ JOIN FREE TELEGRAM: t.me/trendlinefreetrade
❓ If you got questions: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
❓ If you got questions: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
Publications connexes
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.