SamKent

EUR/USD Price Action Trading

Short
FX:EURUSD   Euro / U.S. Dollar
11
The EUR/USD 30M chart is in the midst of another impulsive bear wave. Looking at the overall price action structure, we can identify that the sellers are currently in control of this market. Given this, we want to see a correction back to the important 1.24760 level, at which point we'd short the market in the hopes of catching the next impulsive bearish wave downwards.

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