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AlkalineFX
Jan 12, 2022 9:14 AM

EURUSD: Sells from Supply ⬇️ Short

Euro Fx/U.S. DollarFXCM

Description

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A clean sell setup could be forming around this key supply region.

We slowly traded into the zone with compression, then sellers got lured in with an attractive sell candle.

I believe we will see a final push into the zone before we trade to the downside.

I will be waiting to see how price reacts in the supply before I join the sellers.

Good luck trading today!

Traders, if you have your own opinion about this idea, write in the comments section, I always reply. πŸ’¬

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Comment

β‹…
No rejection at supply, no trade.
Comments
yonsfx
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Sick alkaline
ForexTrendline
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Weak USD led to that push I think. Here's our update as well
AIRFOREXONE_
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nice one bro
Super_B_XinR
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A decline in the long run is the likely scenario. But I would go long in the short term.
pete002
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Interesting, so if there was no rejection at your key supply level, is it still a supply level ?
FieryTrading
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Looks very promising!πŸ”₯
jcgarciasigma
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thank you! is this still valid?
MadWhale
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heree the correction has started and we can see more correction for eurusd
DeGRAM
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Agree! Nice view
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