Anpu
Short

EURUSD | How Deep the Price Can Go?

FX:EURUSD   Euro / U.S. Dollar
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Initiate Short.

Entry - 1.09923
TP1 - 1.09501
TP2 - 1.08990
SL - 1.10053

Reason: Head and Shoulders was formed above strong horizontal support and Ichi Cloud. Price broken all this zones. Currently the price is approaching to next strong support zone , in case this zone is broken, we will get another opportunity for short.

Consider initiate position on candle closes below the Support zone .

Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable.

Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.

The information given is not a Financial Advise.
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Comments

nice update. thanks for sharing. supplementary to the above.
gbpusd h3 best level to buy/sell for 160/200 points (UPDATED).
+1 Reply
Anpu ProjectSyndicate
@ProjectSyndicate, Good Work!
Reply
Anpu ProjectSyndicate
@ProjectSyndicate, Thanks for sharing!
Reply
Similar to our Head and Shoulders perspective called on January 16. At the moment we can see a short term pull back to the 4H MA50, but the long term remains bearish:

+1 Reply
Anpu InvestingScope
@InvestingScope, Great Idea!
Reply
Anpu InvestingScope
@InvestingScope, Thank you for sharing!
Reply

I really don't think its a good idea to go against this chart
+1 Reply
Anpu MikulovicFOREX
@MikulovicFOREX, Thank you for sharing!
+1 Reply
@Anpu, Your welcome friend
Reply
Anpu MikulovicFOREX
@MikulovicFOREX, Your chart supposes we go long next?
Reply
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