Euro / U.S. DollarShort
Trading Plan EURUSD
The main plan: to sell EURUSD from the level of 1.1480 with the target of 1.1300.
The reasons:
Bear trend.
Rollback to the resistance level of 1.1480.
Probability: 80% (high)
Reserve plan: buy EURUSD in the zone: 1.1500 - 1.1520.
The reasons:
Support 0.618% Fib.
Change of bearish impulse to bullish.
Probability: 20% (low)
The reasons:
Bear trend.
Rollback to the resistance level of 1.1480.
Probability: 80% (high)
Reserve plan: buy EURUSD in the zone: 1.1500 - 1.1520.
The reasons:
Support 0.618% Fib.
Change of bearish impulse to bullish.
Probability: 20% (low)
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.