Euro / ABD Doları
Satış

EUR/USD - Downside Opportunity

What's up traders, today we have an opportunity on EUR/USD with a breakout trade on the 8H chart.

This is an excellent opportunity to get into a trade where all trading scenarios I have played out indicate at least a 3:1 Risk to Reward.

If price breaks structure, I am expecting a down move to around 1.1692 (Which is where price will find strong support). Bare in mind that price will likely have a corrective move before the down move.

Dollar is currently in process of forming an up move. With this logic, seeking a short position on EUR/USD makes a lot of sense.

I will be updating this analysis in the updates section, so like & follow to receive the latest.



Feragatname