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PipTips
Jul 1, 2021 5:27 PM

POTENTIAL REACTION HERE? Short

Euro / Canadian DollarFOREX.com

Description

Hello traders! This market is rallying to a minor resistance area where we could see a reaction. NFP will be released tomorrow and looking for opportunities is risky right now. However, we can’t help but to wonder if this could be a great short opportunity for 20-80 pips in this market. This is an idea, not a signal. Analyze for trading opportunities and confirmation.
Comments
PipTips
Correction, 20-50 pips possible
hageappa
@PipTips, nice analysis Thanks.
PipTips
@hageappa This idea already played out today successfully for over 120 pips with a drawdown of 3 pips. Hope you didn’t see this idea late.
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