Did you sell the EURUSD?
We had a great selling opportunity yesterday
Now it's too late!
We expect that this downside move will continue down to 1,1700, however we suggest that you stay away from selling.
Why?
-in best case scenario you get RRR of 1:1 and we're looking for a greater one
-price is heading down to a strong support which means we could see reversal at any time
-Powell is about to testify before the congress
-there is a better opportunity on another USD currency pair
Everyone who's got short trades from yesterday could move their SL just above 1,1850!
Follow us for more trading ideas!
Now it's too late!
We expect that this downside move will continue down to 1,1700, however we suggest that you stay away from selling.
Why?
-in best case scenario you get RRR of 1:1 and we're looking for a greater one
-price is heading down to a strong support which means we could see reversal at any time
-Powell is about to testify before the congress
-there is a better opportunity on another USD currency pair
Everyone who's got short trades from yesterday could move their SL just above 1,1850!
Follow us for more trading ideas!
✅ JOIN FREE TELEGRAM: t.me/trendlinefreetrade
❓ 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
❓ 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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