alexraphael

EURUSD is DOWN!!!

Short
FX:EURUSD   Euro / U.S. Dollar
The daily perspective presents a clear tableau, with the neckline having been breached and an imminent pullback anticipated to establish a foundation at the yellow bar region, before resuming a trajectory towards a potential over 300 take profits.

The prevailing technical indicators and market structures all concur in their bearish outlook, rendering any purchase endeavors inadvisable.

In this realm, patience emerges as a paramount virtue, often underestimated within the industry. As we approach the Point of Interest (POI), vigilance is warranted, with the anticipation of bearish signals that may precede a favorable entry opportunity.

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