EUR/USD reverses from the top of the upper TL, more fall likely
Dear traders, in my previous couple of EUR/USD analysis, I advised selling EUR/USD at the
top of the structure(or at the break of the structure near 1.2125- 1.2145 level.
As you have seen last week, EUR/USD started falling after touching the 1.2150 level.
So, a good 130+ pips trade for people who followed the ideas.
Currently, we have big bearish candlesticks at the upper trend line of the broadening wedge
So, I expect the weakness to continue in EUR/USD.
I would be looking to put new sells in EUR/USD if price makes a correction towards the
1.2050 level with 1.18 as the first target.
top of the structure(or at the break of the structure near 1.2125- 1.2145 level.
As you have seen last week, EUR/USD started falling after touching the 1.2150 level.
So, a good 130+ pips trade for people who followed the ideas.
Currently, we have big bearish candlesticks at the upper trend line of the broadening wedge
So, I expect the weakness to continue in EUR/USD.
I would be looking to put new sells in EUR/USD if price makes a correction towards the
1.2050 level with 1.18 as the first target.
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.
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.