Project_PriceAction
Short

EUR/USD Price Outlook|Bulls fail again

FX:EURUSD   Euro / U.S. Dollar
EUR/USD tried to rally yesterday but the bulls failed again. That further strengthens my long-term plan to keep selling the pullbacks in EUR/USD .
I expect price to reach 1.1060 over the course of the next few days and if the bulls can't defend 1.1060 then a drop to 1.08 is also possible.

So, the best way to trade EUR/USD is to sell it when price gets closer to the resistance level .

Comment: 30 pips drop already since the time I spotted and published this set-up
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Comments

Good idea
also, use that triangle
+5 Reply
@Yuriy_Bishko, Nice of you to come and share your idea below my analysis considering the fact that you removed me from your group last week for sharing some good trades!!!
+13 Reply
agree with you

+3 Reply
@FXCM, Thank you
Reply
DrXoX FXCM
@FXCM, very nice FXCM
Reply
Dude excelent analysis, you just made me 100 pips brother
+2 Reply
@Josopo03, That's great to hear :)
Reply
Cheers, just a waiting game until that break.
+2 Reply
@Roccotp, Yes the probability of a big drop is increasing
Reply


Almost closed this but I am still holding...
+1 Reply
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