ForexTrendline

EURUSD below 1,800. What to expect?

Short
FX_IDC:EURUSD   Euro / U.S. Dollar
The important level that we were waiting for was 1,800.
Price has broker below and it was holding below 1,1850 before that, keeping the downtrend direction.

Now we should see this move continuing down and reaching its first target at 1,1730.

In order to keep the same direction we shouldn't see price above 1,1825.

The best entry technique here would be to wait for a candlesticks with a long wicks to the upside!

✅ 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.