EURUSD Price forecast Selling Entry Level 1.08990

19 Mar

EUR/USD Bearish Outlook: Selling Opportunity Within Parallel Channel

The EUR/USD currency pair is showing a strong downside momentum, trading within a well-defined parallel channel. This creates an ideal selling opportunity for traders looking to capitalize on the bearish trend.

🔻 Trade Setup: EUR/USD Short PositLates

✅ Ratest Entry Level 1.09208

📉 Entry Level: 1.08990
🎯 Target 1: 1.08330
🎯 Target 2: 1.07690
🎯 Final Target: 1.06800

🔻 Why Sell EUR/USD?

✅ Technical Analysis: The price remains under pressure, forming lower highs and lower lows, respecting the parallel channel.
✅ Momentum and MACD suggest increasing selling pressure.
✅ Fundamental Outlook: The USD remains strong amid market uncertainty, adding weight to the bearish bias.

⚠ Risk Management is Crucial!

🔹 Always use a stop loss to protect your capital.
🔹 Stick to the strategy and avoid emotional trading.
🔹 Manage your position size based on your risk tolerance.

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28 Mar

İşlem aktif

2nd Target hitt Done

170+Pips Running Profits Guyys 💯👍 Enjoy your profit