tonyeiyetan

EURUSD SHORT (TRADE UPDATE)

Short
OANDA:EURUSD   Euro / U.S. Dollar
EURUSD SHORT is working out beautifully well. As can be seen, price has now broken structure on 1 hour time frame indicated by the orange line and has shown a nice CHOCH (change of character) and a beautiful WYCKOFF distribution. The prerogative and higher probability of price now should be to deliver lower to test demand resting at 1.1300 region as first target after the supply zone has been mitigated completely.
Always apply proper money management as you take trades.
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.