EURUSD - Bearish Sentiment Short

Euro Fx/U.S. DollarFXCM

Description

⋅ Mar 17, 2023 5:23 PM

As we can see EURUSD is currently in a bearish sentiment. It retraced to the 61.8 FIB level which is a key fib level for the second wave of the Elliott Wave Theory showing nice resistance to the level. Next we should see a strong impulse downward if the idea plays out correctly. The SL and TP have been marked accordingly.

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Comment

⋅ Mar 19, 2023 10:26 PM

S L updated 1.07000

Comments

Smart_Bear

⋅ Mar 17, 2023 5:49 PM

EUR gonna rise atleast upto 7100

WrightWayInvestments

⋅ Mar 17, 2023 6:56 PM

@chill_retainer possibly!

SpaizThaGod

⋅ Mar 17, 2023 5:45 PM

I have same setup here too. I'm waiting for the third touch on the ascending channel to look for a sell. thanks

WrightWayInvestments

⋅ Mar 17, 2023 6:56 PM

@SpaizThaGod thanks for the reply!

JoeChampion

⋅ Mar 18, 2023 3:35 PM

I agree on USD strength, thanks buddy!