Short coming on EURUSD - the Elliott waves lined up, DXY due a reversal up. Pressure on Euro with France, Spain etc.
Formation, patterns, support/resistance structure - all agreeing with a drop EURUSD.
will be looking for short entries.
Disclaimer
This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stocks, ETF’s and Forex. Hence each trade setup might have different hold times, entry or exit conditions and will vary from the post/idea shared here. You can use the information from this post to make your own trading plan for the instrument discussed. Trading carries a risk; a high percentage of retail traders lose money. Please keep this in mind when entering any trade. Stay safe.
Formation, patterns, support/resistance structure - all agreeing with a drop EURUSD.
will be looking for short entries.
Disclaimer
This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stocks, ETF’s and Forex. Hence each trade setup might have different hold times, entry or exit conditions and will vary from the post/idea shared here. You can use the information from this post to make your own trading plan for the instrument discussed. Trading carries a risk; a high percentage of retail traders lose money. Please keep this in mind when entering any trade. Stay safe.
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instead of dropping immediatly it will go to create a double top sitting in-line with the weekly channel down (higher trend).
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Prop firm partners (FTMO)
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