With the Euro under seller pressure and this pair getting reject from strong resistance level from W1, we could expect a bearish momentum. Besides, price action has also broken an ascending trendline with a strong bearish candle, looking for a pullback towards the trendline for downtrend continuation a short entry can be taken.
The order:
Type: sell-limit
S/L: 40 pips - R:R | 1:3 -
T/P: support level
--
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The order:
Type: sell-limit
S/L: 40 pips - R:R | 1:3 -
T/P: support level
--
*** If you like the idea, don't be shy, click on like and comment. If you do not agree, just comment ;-) | Thanks for your support!!! ***
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