I am providing an update regarding our last position, and we are still waiting for the price to gather more liquidity for a downward movement.
Our analysis has identified two supply areas that may serve as favorable positions to short EURUSD. However, it is imperative to ensure the presence of reliable confirmation signals before taking any such position.
Please feel free to leave a comment below if you have any questions.
Thank you.
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As you see, we are reacting to the first zone, let's wait to see confirmation, still we have a chance to go higher
is that possibleto gain a bigger short maybe under 1,09? if the spx turn down ?
FxShzd
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@misi11145, Possible, we are not here to predict, we see how price reacts then we decide according to scenarios Therefore, lets see how price reacts to demand area then I will give you update!
Price chose second scenario!