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Lingrid
Jan 31, 2023 7:07 AM

Lingrid | EURUSD short from SWING ZONE Short

Euro Fx/U.S. DollarFXCM

Description

The price perfectly fulfills my last idea. The market is moving towards the support level. Price formed double top at the resistance and dropped because there's divergence. The market broke the range zone and ascending channel. Price may go lower to retest the support level from swing zone. It updated its swing lows and fix below the support. I expect the price to fall from resistance. My goal is to support 1.07800



Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
Comments
Lingrid
Hi traders, rate the idea, what do you think? Please share your opinion! 🤠
mahfuzazim_TA
@Lingrid Now market is choppy mood; trade in a range; So i think EU test last imbalance zone.
TheCryptagon
Very interesting view on the current price action. We analyze it also extensively on our idea, have a look:
ayazkhan21021982
Today you analyze about EURUSD where are you
TheTradersAvenue
Great technical setup, well done!
Pipsy_Market
Great. That swing zone is also my entry for short
TheNewsCrypto
Awesome chart, ty
FOREXN1
Cheers, thanks for analysis!
MarsSignals
perfect and informative
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