TradingView
ForecastCity_ME
Aug 4, 2020 12:36 PM

Don't miss the great sell opportunity in EURUSDΒ Short

Euro Fx/U.S. DollarFXCM

Description

β‹…
Trading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (1.1785). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. EURUSD is in a range bound and the beginning of downtrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 48.

Take Profits:
TP1= @ 1.1741
TP2= @ 1.1699
TP3= @ 1.1602
TP4= @ 1.1506
TP5= @ 1.1420

SL: Break Above R2

❀️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the πŸ‘ LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!

❀️ Your Support is very much πŸ™ appreciated! ❀️

πŸ’Ž Want us to help you become a better Forex trader?

Now, It's your turn!
Be sure to leave a comment let us know how do you see this opportunity and forecast.

Trade well, ❀️
ForecastCity English Support Team ❀️
Comments
Best_Forecast
β‹…
Running Profit 😍😍😍😍😍😍
ForecastCity_ME
β‹…
@Alexander_007, You're very welcome! πŸ€
Sir_Ray
β‹…
excellent
ForecastCity_ME
β‹…
@Sir_Ray, Thank you for your comment. It is appreciated. πŸ€
Kristalyn
β‹…
Absolutely agree with you.
ForecastCity_ME
β‹…
@Kristalyn, You're most welcome!
Kamryn
β‹…
I don’t know what to say. Thank you.
ForecastCity_ME
β‹…
@Kamryn, It's an honor for us.
Josef_anderson
β‹…
Thank you so much.
ForecastCity_ME
β‹…
@Josef_anderson, Our pleasure!
More