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ForecastCity_ME
Oct 14, 2020 1:28 PM

πŸ’‘Don't miss the great sell opportunity in EURUSDΒ Short

Euro Fx/U.S. DollarFXCM

Description

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Trading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (1.178). 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 45.

Take Profits:
TP1= @ 1.1725
TP2= @ 1.1680
TP3= @ 1.1610
TP4= @ 1.1490
TP5= @ 1.1375

SL: Break Above R2

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Comments
yusufipek1989
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Looks great. Thanks mate
ForecastCity_ME
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@yusufipek1989, You're very welcome!
actormahendraraj
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Thanks. .. Welcome
ForecastCity_ME
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@actormahendraraj, Thank you for your comment
LaljiTripathi
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Grate
ForecastCity_ME
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@LaljiTripathi, Thank you
DenizKilicDeniz
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Good job! Nice chart.
ForecastCity_ME
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@DenizKilicDeniz, Thank you for your comment
dhanushshetty676
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What is the timeframe
ForecastCity_ME
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