EURUSD Speculation: Sell after Third Touch Rejection at Upper TL
Selling EURUSD at the 1.0980-1.1010 area if it gets rejected after the third touch at the Upper TL could be a viable plan in my opinion.
The recent recovery in EURUSD seems pretty weak and a drop to 1.0650 level is not out of the picture yet.
However, if EURUSD breaks the 1.10 area strongly then this set-up will no longer be valid.
The recent recovery in EURUSD seems pretty weak and a drop to 1.0650 level is not out of the picture yet.
However, if EURUSD breaks the 1.10 area strongly then this set-up will no longer be valid.
Comment:
EURUSD is slowly going towards the upper TL
Trade active:
Sold at 1.0977
Comment:
Reversed from the Upper TL once again
Comment:
Dropped more than 50 pips close to 0.5% after touching the Upper TL
Comment:
The initial target has reached; more than 80+pips profit for traders who followed.
New set-up updated
New set-up updated
