ForexTrendline

When should we sell on EURUSD?

Short
FX_IDC:EURUSD   Euro / U.S. Dollar
EURUSD broke outside of the hourly trend but still remains in a downside direction.

Today we could see a further upside move above 1,1900, however this will only last for a short period of time.
It will activate the buyers and turndown the sellers in the market.

Don't rush to buy!

Wait for the higher probability scenario which will be a downside move.
This downside move should be an impulse. The US dollar news today are great opportunity for this.

If price goes above 1,1900 and it then reverse, that will be a perfect selling opportunity.

✅ JOIN FREE TELEGRAM: t.me/trendlinefreetrade
❓ If you got questions: t.me/Semkov
💰 PAID SIGNALS AND ANALYSIS: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
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.