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IJMInvesting
May 18, 2019 7:08 PM

EUR/USD - Sell Short

EURO / U.S. DOLLARICE

Description

I've done some analysis on EUR/USD any advice is welcome via the comments or via the chat, I think that this is going to be a sell trade but with the view to catching a few pips as a buy as well.

To start this one off the price action is currently at 1.11581, as it is the weekend and trading will commence again on Sunday at 10pm I think that the Price action will head down towards the support zone and against test its a large zone on this one and I will be keeping an eye on it to see where the best entry point is for me

I think that it will retest the support zone and then head back towards the trendline at this point I will look and a buying opportunity to get a few pips off the market but with the view to closer and finally entering a long term sell trade which once it has hit the trendline and started its descent I will place my TP where the support zone is and my SL at 1.13030.

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