Search
Products
Community
Markets
News
Brokers
More
IN
Black Friday sale
Up to 70% OFF
Community
/
Ideas
/
EURUSD with a breakout
Euro / U.S. Dollar
Short
EURUSD with a breakout
By ForexTrendline
Follow
Follow
Oct 7, 2021
3
1
9
9
Oct 7, 2021
Yesterday we saw a breakout of the 1,1580 support and that led to a further drop down to 1,1528.
Now we expect to see another move down to 1,1510.
We don't currently have any entry opportunities on H1 due to the not so good risk to reward ratio.
If you will be using an aggressive SL on a rejection of price action, then you can look for an entry on a lower timeframe.
We chose another 4 instruments in which to participate and we're also monitoring another 2 for potential entries.
Don't forget that tomorrow NFP is coming out and we will see some big moves!
breakout
EUR
priceaction
signals
Supply and Demand
Support and Resistance
Trend Analysis
USD
ForexTrendline
Follow
✅ JOIN FREE TELEGRAM:
t.me/trendlinefreetrade
❓ If you got questions:
t.me/Semkov
💰 PAID SIGNALS AND ANALYSIS:
t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here:
t.me/trendlinefreetrade
Also on:
Related publications
When to sell the EURUSD?
by ForexTrendline
Short GOLD after the breakout!
by ForexTrendline
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
.