EUR/USD Short Setup 20:30:40 (UTC) Sun Jan 5, 2020

With an entire year of liquidity ahead of us we can finally remain back to normal. However with the increase in unexpected geopolitical risk, we've seen metals, oil , and a general risk-off sentiment seen by the market. We can now trade with the expectation of normal liquidity as major smart money and institutions are back online.\Make sure stop loss are in place (double check) as the chances of trump tanking or shooting up the market is high. The threats for the wrong are nothing to be unaware of especially with capital that is related to safe havens.There was a quote Sharp so off that was seen at the exact level of resistance posted last week here on this page. We now have seen a 4-hr morning store, rejecting the back of this trend line. My bias is short, and my downside target is 1.1

Last friday we couldn't enter a trade because it continued to push, however the retracement has begun. I am now looking for short entries for the euro .I think we will push up to the price shown where I will enter short to 1.1

20:30:40 ( UTC )
Sun Jan 5, 2020

*This is not financial advice. I am not a licensed financial advisor. Seek a licensed financial advisor before making any investment decisions. I am not responsible for losses or gains that may or may not occur in the marketplace. Forex carries a high level of risk not suitable for all investors.*
*This is not financial advice.
Forex carries a high level of risk not suitable for all investors.*