Euro / U.S. DollarShort
EURUSD Intraday Trend Change
On a short term perspective, the EURUSD appears to be in correction after the recent impulsive movement from 1.17 - 1.2150.
Why ?
1. Dead Cross of the 20/50 MAV
2. Swings of LL and LH.
So a short could be considered
1. Enter - around 1.20
2. Stop - above 1.2050 (50 pips)
3. Target - 1.1870 ( 130 pips)
RR= 2.5
Why ?
1. Dead Cross of the 20/50 MAV
2. Swings of LL and LH.
So a short could be considered
1. Enter - around 1.20
2. Stop - above 1.2050 (50 pips)
3. Target - 1.1870 ( 130 pips)
RR= 2.5
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.