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ForecastCity_EU
Jun 12, 2020 4:40 PM

Don't miss the great sell opportunity in EURUSD Short

Euro Fx/U.S. DollarFXCM

Description

Trading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (1.1347). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. EURUSD is in a range bound and the beginning of downtrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 41.

Take Profits:
TP1= @ 1.1144
TP2= @ 1.1072
TP3= @ 1.1004
TP4= @ 1.0880
TP5= @ 1.0774

SL: Break Above R2

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Comments
rkg72777
I'm a big fan of your work but These days your most work is wrong
Avineet
@rkg72777, buddy this is trading even the profesional lose , loses is part of a game . Hope you understand.
Kamryn
Thanks a lot
Forecast_Crypto
Nice analysis as usual guys! Keep it up!
sara-kian-fx
Thanks for sharing this great idea
Pro_Trader_007
Nice thorough Analysis :)
artisticGuest
always say love ur setup
DenizKilicDeniz
Nice idea .
Mehmetozdemi
Thanks, I will focus on this one too
Shiva_forex
Great stuff. Liked this
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