Here's an analysis done on the EURUSD. Looking to Short this Pair down into the lower fibonacci levels.
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Trade active
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Trade is active we can see the price has rejected off the 109.500 price area and has dropped 25 pips down to 109.250 Support Bearish momentum looks to continue to the downside.\
Entry 109.250
Sl 109.500
R:R- 1:7
Target 1 will be 109 Support Target 2 108.750 Target 3 107.5
@transparent-fx thank you so much for sharing your view it is a pleasure to connect. If you take a look at the Monthly timeframe EU Trend Overall is Bearish & If you cross reference USDCAD which Is an Inverse Correlation of EURUSD you will see monthly trend is Bullish on UC. Fundamentally it makes sense to Short Eu & Buy UC Long #micdrop
philipnishioka
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@transparent-fx Hope you didn’t buy and get absolutely destroyed lol