Get started
MarcellusLUX

Short-term sell set-up in EUR/USD

Short
Euro / U.S. Dollar (FX:EURUSD)  
MarcellusLUX Updated   
FX:EURUSD   Euro / U.S. Dollar
Trend Analysis Chart Patterns Beyond Technical Analysis EURUSD eurusdshort eurusdprediction eurusdforecast eurusdidea eurusdsignal eurusdanalysis eurusdtrade eurusdoutlook
60
19
trendanalysis chartpattern beyondta eurusd eurusdshort eurusdprediction eurusdforecast eurusdidea eurusdsignal eurusdanalysis eurusdtrade eurusdoutlook
On the back of US Dollar weakness, EUR/USD rallied more than 100 pips during the
NY trading session on Friday.
However, traders may look the fade the late Friday spike this week.

If we see some bearish price action in the current area, then selling EURUSD@1.2165-1.2180
with SL above 1.2210 and TP at 1.2070 is a potential sell trade.
Trade active:
Sold at 1.2173 as per plan
Comment:
120 pips running profit
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.