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EURUSD Speculation: Sell after Third Touch Rejection at Upper TL

Short
Euro / Dollar Américain (FX:EURUSD)  
TraderAvDM Mis à jour   
FX:EURUSD   Euro / Dollar Américain
Trend Analysis Chart Patterns Beyond Technical Analysis EURUSD eurusdshort eurusdprediction eurusdforecast eurusdidea eurusdsignal eurusdtrade eurusdanalysis
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Selling EURUSD at the 1.0980-1.1010 area if it gets rejected after the third touch at the Upper TL could be a viable plan in my opinion.

The recent recovery in EURUSD seems pretty weak and a drop to 1.0650 level is not out of the picture yet.

However, if EURUSD breaks the 1.10 area strongly then this set-up will no longer be valid.
Commentaire:
EURUSD is slowly going towards the upper TL
Transaction en cours:
Sold at 1.0977
Commentaire:
Reversed from the Upper TL once again
Commentaire:
Dropped more than 50 pips close to 0.5% after touching the Upper TL
Commentaire:
The initial target has reached; more than 80+pips profit for traders who followed.

New set-up updated
EURUSD breaks the Lower Trend Line

Idées en relation

TraderAvDM
EURUSD finally drops to the first Support 1.0770, more weakness?
TraderAvDM
EURUSD Analysis: What's next? 1.0770? Or a recovery?
TraderAvDM
EURUSD confined within Ascending Channel.
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