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Euro / U.S. Dollar
Short

SHORT ON EUR/USD

80
Double top from a major area of resistance.

The dxy is also currently increasing in strength which will cause this pair to fall further.

Here is the play I will be taking on this trade.

P = 1.07066
SL = 1.07671 - 52 PIPS
TP = 1.05309 - 179 PIPS
BBIDF
Also on:
Double TopDouble Top or BottomdoubletoppatternEURUSDeurusdsellMultiple Time Frame AnalysisSELLshortSupport and Resistance

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Double TopDouble Top or BottomdoubletoppatternEURUSDeurusdsellMultiple Time Frame AnalysisSELLshortSupport and Resistance
BBIDF
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.