Short trades on EURUSD
As we have been commenting all week - we expect sales om EURUSD.
After yesterday's news and the big fluctuations, the downside move is now confirmed.
You can look for entries at current price levels and stops above the previous high from yesterday.
However, a confirmed entry would be on a breakout of 1,1373 and re-test of that same level.
This way, we will be looking for a reversal on the H1 chart and a continuation on the Daily timeframe.
In case of a breakout and entry, you can leave your trade without a take profit and look to scale into that position.
New entries and targets, we will discuss in our analysis.
After yesterday's news and the big fluctuations, the downside move is now confirmed.
You can look for entries at current price levels and stops above the previous high from yesterday.
However, a confirmed entry would be on a breakout of 1,1373 and re-test of that same level.
This way, we will be looking for a reversal on the H1 chart and a continuation on the Daily timeframe.
In case of a breakout and entry, you can leave your trade without a take profit and look to scale into that position.
New entries and targets, we will discuss in our analysis.
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❓ 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
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