ForexWeeklyAnalysis
Short

Pending Short EUR/USD in 1.383X to 1.387X Region

FX:EURUSD   Euro / U.S. Dollar
356 1 2
Last Friday, I was considering going long if price went down (https://www.tradingview.com/v/Afth6V9y/) but price went up instead, so I'll be looking to short between 1.383X (50% fib level) to 1.386X (61.8% fib level) and maybe 1.387X

Risk is difficult to assess considering anything above 1.39 is a solid sell as well, so consider using tight stops.

Target is down between 1.3600 and 1.366X, which is where I'm looking to load longs as per my other analysis.
Considering price dropped about 100 pips so far, this trade is void now. Price never hit my entry zone, so I didn't get an entry. Going forwards, I'll be looking to load longs now as per my other analysis.
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