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SuperMonkey0
Feb 28, 2021 4:52 PM

[EURUSD W1 Mar 2021] Short

Euro Fx/U.S. DollarFXCM

Description

EURUSD
Short Setup

👉🏻 A short-term shift of bias to the downside on EURUSD, as a significant rejection just before the market closed on Friday after a whole week gains. My long-term bias still remains to the upside on this major pairing, as for the time being, looks like more corrective movement on the larger timeframe.

[EURUSD 10 Year Cycle]
📈 This was plotted in early 2021 and noticed the rally off 2000 and 2020, monthly descending trendline has also been broken.

Comment

Trade entry:

Trade closed: target reached

Comments
Henry_Ross
Super, agree
SuperMonkey0
@Henry_Ross, Thanks mate!
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