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Leave your comment in the comment section below, let me know what you view is!
There is a bigger setup that appears upside and a short term sell off that is on this current post.
It all depends on what you want to go with, knowing there is always sellers and buyers jostling...
THE LEVEL @1.18 HOLDS THE KEY
WHY THE SHORT TERM SELL OFF ON EU?
- TYPICAL BEARISH SHARK PATTERN FORMED
- PAIR BREAKS BACK INSIDE AN EXPANDING TRIANGLE/WEDGE
- POSSIBLE LIQUIDITY GRAB SPOTTED
More important part is that @1.18 level is broken hard and retested as resistance, as the yellow trendline is a multiweeks
support that could be defended by buyers. That's why I said short term, please.
Above all, in as much as nothing is certain or fixed,follow your trading plan and risk management, as well as the disclaimer below!
Leave your comment in the comment section below, let me know what you view is!
DISCLAIMER: Please note that this is not an investment advice for anybody to run or undertake; It is strictly for
educational purposes only and they are my personal views on these assets. If anything goes south, I am not liable at all.
Also, know that Forex is a high risk and reward business. So, do not trade with borrowed money or the one you can
not afford to lose.
Leave your comment in the comment section below, let me know what you view is!
There is a bigger setup that appears upside and a short term sell off that is on this current post.
It all depends on what you want to go with, knowing there is always sellers and buyers jostling...
THE LEVEL @1.18 HOLDS THE KEY
WHY THE SHORT TERM SELL OFF ON EU?
- TYPICAL BEARISH SHARK PATTERN FORMED
- PAIR BREAKS BACK INSIDE AN EXPANDING TRIANGLE/WEDGE
- POSSIBLE LIQUIDITY GRAB SPOTTED
More important part is that @1.18 level is broken hard and retested as resistance, as the yellow trendline is a multiweeks
support that could be defended by buyers. That's why I said short term, please.
Above all, in as much as nothing is certain or fixed,follow your trading plan and risk management, as well as the disclaimer below!
Leave your comment in the comment section below, let me know what you view is!
DISCLAIMER: Please note that this is not an investment advice for anybody to run or undertake; It is strictly for
educational purposes only and they are my personal views on these assets. If anything goes south, I am not liable at all.
Also, know that Forex is a high risk and reward business. So, do not trade with borrowed money or the one you can
not afford to lose.