Hello traders! This idea is a continuation of my previous sell idea where I recommended selling EURUSD@1.2185-1.2208. So, traders who followed are already in profit. (Previous idea attached below)
Currently, I have switched to the daily chart and you can see that yesterday's daily candle has a long wick at the top which indicates sellers have the upper hand for now.
Today, we also have the ECB monetary policy event where ECB is likely to continue it's existing monetary policy. This might weigh negatively for the Euro and EUR/USD might head lower.
So, based on the technical and fundamental aspect, being short EUR/USD seems like a good idea. I recommend selling the rallies and targeting 1.21 and 1.2050 are as TP. I am already holding multiple sell trades from 1.2213 to 1.2185.
@OptimoomFX, I see that too. I guess we will have to wait :)
FieryTrading
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Looks like a winner🔥
AtlasTrades
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that would be great entry
MMBTtrader
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agree about dump
well done bro
Babenski
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simple and nice chart
SoulDavies
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Winning is our tradition!! Join the vip pack. Thank me later..
PEAKBUL_FX
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I'm holding this pair for a short trade. Thanks for sharing your great prediction. I eat pips daily when follow your signal. You are a great man I have ever seen. 🙏