Trading Plan SHORT on EURUSD

Anticipation scenario on EURUSD

Referring to a similar cycle and momentum in 2018, despite the recent uptrend on EURUSD, it seems the power to continue the uptrend is weak. This week and forward, a downtrend or pullback is coming. I plotted some supports for trading reference.

Below is the weekly chart showing the previous uptrend.

This prediction provides some bouncing scenarios on several supports to anticipate upcoming or unexpected rebound scenarios due to fundamental or news.

Happy trading, and be safe.

Disclaimer:
This information is for educational purposes and is not an investment recommendation or representative of professional expertise. This analysis used herein is for illustration purposes only. This personal opinion should not be considered specific investment advice. I am not responsible for any trades, and individuals are solely responsible for any live trades placed in their own personal accounts.

İşlem aktif:

This study is still in line, So I still believe the Short position is the best trading plan for the next week.

Stay safe, happy trading, disclaimer ON.