Dear traders, I publish a long-term 500 Pip Swing Trading set-up on EUR/USD yesterday which is already running with 70 pips profit(long-term idea attached below).
In this idea, I am going to discuss a short-term trade set-up on EUR/USD.
Price action analysis shows that bears are dominating the scheme of things in EUR/USD. So, we should trade in the direction of the bears.
In the hourly chart, EUR/USD has a high chance of dropping to 1.1165 or even 1.1120. This gives short-term traders the opportunity to make 80-120 pips by selling EUR/USD at current market price.
In this idea, I am going to discuss a short-term trade set-up on EUR/USD.
Price action analysis shows that bears are dominating the scheme of things in EUR/USD. So, we should trade in the direction of the bears.
In the hourly chart, EUR/USD has a high chance of dropping to 1.1165 or even 1.1120. This gives short-term traders the opportunity to make 80-120 pips by selling EUR/USD at current market price.
Comment:
Trade is running in 40 pips profit which is great for a short-term trade
