EURUSD Sell the downtrend. Short

Euro Fx/U.S. DollarFXCM

Description

⋅ Jul 22, 2021 9:18 AM

EUR/USD - Intraday - We look to Sell at 1.1829 (stop at 1.1851)

Trend line resistance is located at 1.1830.
Rallies continue to attract sellers.
We look for a temporary move higher.
Trades with a bearish descending triangle formation.

Our profit targets will be 1.1768 and 1.1758

Resistance: 1.1800 / 1.1820 / 1.1840
Support: 1.1780 / 1.1770 / 1.1750

Trade closed: target reached

⋅ Jul 23, 2021 6:13 AM

Comments

Mihai_Iacob

⋅ Jul 22, 2021 9:44 AM

Thanks for the heads up