In the EUR/USD exchange rate, there appears to be a bearish opportunity as the dollar is gaining strength following the downgrade of American debt. However, there is a favorable level around 1.0965 where the price could reverse its direction. In this zone, a "short" entry could be considered if the correct bearish confirmation signals occur on the 15-minute chart (m15). In such a case, opening a "short" position with a profit target at 1.0910 could be contemplated. I would like to know what you think about this analysis. Happy trading to everyone!
📈 Nicola | EdgeTradingJourney
Documenting my path to $1M in prop capital through real trading, discipline, and analysis.
Documenting my path to $1M in prop capital through real trading, discipline, and analysis.
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.
📈 Nicola | EdgeTradingJourney
Documenting my path to $1M in prop capital through real trading, discipline, and analysis.
Documenting my path to $1M in prop capital through real trading, discipline, and analysis.
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.