bearish continuation on euro dollar?

hey traders,

we see very bearish sentiment on euro dollar pair this week,
watching hourly timeframe we can easily identify a falling bearish channel.
I expect to see a further bearish continuation.
targets:
1) around 1.36 (bit higher)
2) around 1.34 (bit higher)

there are multiple options to enter the market

1) you can sell the retest of the channel resistance
2) you can sell right now
3) you can sell bearish violation of a local horizontal support line

for me, the most appropriate is the 3rd option!

your stop will be around 1.144

good luck!

Bình luận:

bears come into play

Bình luận:

hit the initial target

Bình luận:

going down