SensibullTrading

EUR/USD trade idea for the week

Short
FX:EURUSD   Euro / U.S. Dollar
Previous idea to sell EUR/USD@1.2173 worked out quite well generating 110 pips profit
(idea attached below). Currently, price is still in the resistance level .

However, it might have some more uptrend left before a bearish reversal takes place.
If there is bearish price action at this resistance zone , selling EUR/USD@1.2160-1.2200
with SL above 1.2250 and TP at 1.20 would be a potential sell set-up.
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Comments

Thanks for sharing
+3 Reply
totally agree

well done
+3 Reply
I got the same bearish view
Thanks for sharing
+2 Reply
Prefect analyis mate
+2 Reply
Totally agree
+1 Reply
Bitpal488 huannguyen-stock
@huannguyen-stock, Hello friend
+1 Reply
Am not looking for any thing going short still have some uptrend to complete
+1 Reply
+1 Reply
Good analysis. I am looking to execute some short trades as well. Will be looking at this supply zone as you mentioned.
+1 Reply
I share the same view.
Reply
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