Short

EURUSD New update on the Sell Signal

I am doing an update on the previous EURUSD sell signal slightly moving my Target higher at 1.08300.

So far both the long term (1D chart) and short term (4H chart) indicators and patterns have provided accurate entries as seen by the following ideas:

At the moment the new Channel Down is on the consolidation phase around the 1D MA50 (blue line as seen on the chart). The Lower High on the 1W Channel Down is in, so technically the price should decline towards a new Lower Low.

Based on the relative % drop from the Lower Highs, the next Low is estimated at 1.08300.

TradingShot

👑Best Signals (Forex/Crypto+70% accuracy) & Account Management (+20% profit/month on 10k accounts)

💰Free Channel t.me/tradingshotglobal
🤵Contact info@tradingshot.com t.me/tradingshot

🔥New service: next X100 crypto GEMS!

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.

TradingShot

Also on: