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ForecastCity
Nov 10, 2020 12:47 PM

πŸ’‘Don't miss the great sell opportunity in EURUSDΒ Short

Euro Fx/U.S. DollarFXCM

Description

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Trading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (1.186). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. EURUSD is in a range bound and the beginning of downtrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 40.

Take Profits:
TP1= @ 1.1780
TP2= @ 1.1745
TP3= @ 1.1695
TP4= @ 1.1623
TP5= @ 1.1540

SL: Break Above 1.192

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Comments
Kristalyn
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Thank you so much πŸ’
ForecastCity
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@Kristalyn, You're welcome.
DenizKilicDeniz
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Totally agree with you.
ForecastCity
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@DenizKilicDeniz, Thanks for your feedback
Kristalyn
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🍁 I like it 🍁

Head and shoulders pattern and all the technical lines are so helpful.
ForecastCity
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@Kristalyn, Our pleasure. Thanks for your nice comment.
SaeedTorfi
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thanks 🌺🌺🌺
ForecastCity
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@Saeed2579, You're most welcome!
Josef_anderson
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It's a nice technical analysis. keep up professional charting.
ForecastCity
β‹…
@Josef_anderson, Thanks for your nice comment.
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