AlgoTradingGroup

EURUSD BEARISH ENTRY

Short
FX:EURUSD   Euro / U.S. Dollar
Good morning traders,

Our yesterday's idea played well as we saw EURUSD price declining after taking the strong high liquidity. Those who entered, well done!

Today, we come to the chart and realise that EURUSD has left some fair value gap yesterday which needs to be filled in future.

We expect price to fill the FVG and then carry on declining. Therefore our potential entry would be looking at price 1.02532 with stop loss at price 1.02782

Note that this doesnt mean we are buying now until our sell area. Price can choose not to activate our sell limit and decline just before it or even from the current price level

We will update in the comments as price moves or in our channel.

Any questions, comment below
Trade active:
Moved exactly as we anticipated
Comment:
Partials closed and SL to breakeven
Trade closed: target reached:
TP Hit 1:5 RR


▶ FREE Telegram Channel - t.me/algotradinggroup

▶ Website - www.algotradinggroup.net

▶ FTMO Pass Results - t.me/FTMOResults

▶ Weekly Signals Reports - t.me/weeklypips

▶ Weekly Profits - t.me/ATGProfits
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.