Nicola_Zamberlan

EURUSD: Retracement and Sell Opportunities

Short
FX:EURUSD   Euro / U.S. Dollar
Trend: Bullish
Operation Type: Countertrend

The last 7 candles showed shadows that suggest continuous profit taking.
The trend and strength are clearly bullish, which is why any retracement may be inconsistent.

If you want try a sell trade, insert a Limit Order and Stop quiet far from the high of this area.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.