Euro / U.S. DollarShort
EURUSD Short Idea
Updated
The EURUSD is currently in a downtrend, and any price bounce presents a selling opportunity.
-These bounces are temporary.
-Last Friday, a bullish candle was formed, but the price is approaching a supply zone marked on the chart, which is approximately between 1.03400 and 1.03800.
-To reverse the trend, the price must sustain itself above this supply zone and break the recent swing high.
EURUSD is currently in a downtrend, and any price bounce presents a selling opportunity. -These bounces are temporary.
-Last Friday, a bullish candle was formed, but the price is approaching a supply zone marked on the chart, which is approximately between 1.03400 and 1.03800.
-To reverse the trend, the price must sustain itself above this supply zone and break the recent swing high.
Trade closed: stop reached
Price broke through the supply zone and hit the stop loss.
Emotion Mein Insaan Hamesha Galati Karta Hai.
--------Disclaimer-----------
Charts are for educational purposes only. They provide insights, but the final decisions remain at your discretion.
--------Disclaimer-----------
Charts are for educational purposes only. They provide insights, but the final decisions remain at your discretion.
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.