EURUSD Broke! Next Target 1.1 Short

Euro Fx/U.S. DollarFXCM

Description

⋅ Jan 24, 2020 5:59 AM

hey traders,

EURUSD has finally broken key structure support and now the market is going lower.

I believe that the next target for sellers is 1.1 level based on the structure on the left.

If you missed short opportunity, try to sell on a pullback.
Entry from current prices, in my view, is very aggressive and risky.

good luck!

Comments

Saeed966

⋅ Jan 24, 2020 4:45 PM

Saeed966

⋅ Jan 24, 2020 4:45 PM

Good job

MASOOD1364

⋅ Jan 24, 2020 11:06 AM

VasilyTrader

⋅ Jan 24, 2020 2:49 PM

@MASOOD1364, agree brother!
very stong support on D point

nikita_belosludov

⋅ Jan 24, 2020 6:13 AM

I am long. I feel like the banks are just manipulating the price down so they can buy, this will create the liquidity for the price to go up. But will see, I am not sure lol...Only risking 2% of my account on this one.

VasilyTrader

⋅ Jan 24, 2020 6:23 AM

@nikitabelosludov, totally makes sense Nikita!
lets see! I am risking even less :)

VasilyTrader

⋅ Jan 24, 2020 6:00 AM

Have you shorted EURUSD?