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ForexTrendline
Sep 13, 2021 4:47 AM

What trades to take on EURUSD? Short

EURO / U.S. DOLLARICE

Description

During the last week we've been constantly talking about a possible reversal on EURUSD and potential selling opportunities.




If you have an active trade, then you can let it run and move the SL to breakeven.

If you don't currently have one, then we should get another entry again.
What we're going to be looking for is for price to break below the last week's lows.
That means a drop below 1,1800 and then a retest will be a good sell opportunity.

Stops could now be placed above 1,1855 and the 1,1760 level is getting closer.
Once you enter short you can then have a wider TP level and to follow our daily analysis to find out what are the next support levels.
Comments
ShawnMCR
Thanks for sharing this buddy
ForexTrendline
@ShawnMCR, no worries, you're welcome!
FieryTrading
Excellent job here, Same idea, Thanks for sharing🔥
ForexTrendline
@FieryTrading, thanks and you're welcome!
KlejdiCuni
I agree with you!
ForexTrendline
@KlejdiCuni, thank you!
financialflagship
Strong analysis, keep up the good work.
ForexTrendline
@financialflagship, thanks a lot!
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