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ForexTrendline
Jan 18, 2022 6:02 AM

We're expecting a downfall on EURUSD Short

FX_IDC:EURUSD60
EURO / U.S. DOLLARICE

Description

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As we said yesterday, we're looking for selling opportunities on EURUSD


On Friday we saw first signs that price is loosing strength in the upside direction on H1

We have a high and a trendline breakout. There's still not fully confirmed downside move, but that's what we expect anyway.

Right now we don't have an entry here, because we're also looking at another 2 setups which are even better.

Once we have more confirmation, we will get involved here as well. Good luck!

Comment

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Trend AnalysisSupport and ResistancePivot PointsEURUSDsignals
Comments
Forex_Scalper27
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Today there was a big fall on the EURUSD, yet it was said they are waiting for conformation. Sounds like everyone missed out on oppotunity !
Last Friday it was said that there will be a slow down at about 1.1550 but it never happened, infact it didnt even reach the 1.1500 mark ...
And i can promise you this guy will take credit in saying the "fall happened as they expected".
And i know you dont reply to this @ForexTrendline because if its not something nice or questions being asked ...
king_gambit
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Ud hizo un buen análisis!!!! Además hoy se supo la noticia de los bonos del tesoro que son un buen refugio de valor y el dólar se potenció respecto a otras monedas, en perjuicio del Euro que se devalúa con esta noticia.
MadWhale
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If the price breaks the support here, we can see more correction to the downside
ForexTrendline
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@MadWhale, yah
jojofang0901
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Great same bearish view good job
ForexTrendline
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@jojofang0901, thanks!
Mihai_Iacob
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Yes, i was bullish, but doesn t seem like it:)
You are right
ForexTrendline
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@OptimoomFX, price is currently pushing down, I think it confirms the idea that we shared
peedrey
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yes what level do you think the sell opportunity with start or can we take buy level for some time before the sell opportunity
ForexTrendline
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@peedrey, not sure I understood correctly mate. Can you ask your question again, please?
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