EURUSD - Short Opportunity (Back to MA50 & Overbought)

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Pair: EUR/USD
Position: short
Entry: 1.121
Target: 1.115
Stop Loss: 1.235
Risk/Reward: 2.55

The price is in overbought area on the RSI and generally tends to retrace back to MA50. The MA50 moving below the MA100 could give us another great short opportunity.

cheers,
cryptobuller

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Trade closed: target reached
Note
Idea updated:

EURUSD - Long Opportunity (Price at MA100 & Support)
Beyond Technical AnalysisChart PatternsdiscorddollarEUREURUSDmonetaepatronshortsignalTrend Analysis

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