can EURUSD drop further

78
with the last bearish divergence, the price dropped so sharply that it broke the bullish parallel channel and the current scenario indicates that there are higher chances that the price will go down and to benefit from that situation instant selling by placing the stop loss right above the last LH would be a good idea to get 1:1 RR

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.