Hello to all
For the moment the trend is clearly bearish on EURUSD
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An unbreakable resistance
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The highs are getting lower and lower
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Already 3 new lows in 10 days
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If nothing changes TP1 will probably be reached soon
+
For the rest, in theory, TP2 is possible
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This is a target by projection of the price, based on the descending triangle that the price would form if TP1 is broken
For the moment the trend is clearly bearish on EURUSD
=
An unbreakable resistance
+
The highs are getting lower and lower
+
Already 3 new lows in 10 days
=
If nothing changes TP1 will probably be reached soon
+
For the rest, in theory, TP2 is possible
=
This is a target by projection of the price, based on the descending triangle that the price would form if TP1 is broken
Trade closed: stop reached:
Scenario invalidated