As you already know, we're waiting for the rise on EURUSD to finish, so we can then enter short.
On Friday we had the first signs for a possible end of the upside move on H1
We have a high and then a trendline breakout.
Now we expect to see a lower high and a breakout of the previous low.
This will confirm the reversal and we would expect a downtrend continuation.
The first levels where we will probably see price next are 1,1297.
Follow us to find out where are the next support levels and how EURUSD will develop
On Friday we had the first signs for a possible end of the upside move on H1
We have a high and then a trendline breakout.
Now we expect to see a lower high and a breakout of the previous low.
This will confirm the reversal and we would expect a downtrend continuation.
The first levels where we will probably see price next are 1,1297.
Follow us to find out where are the next support levels and how EURUSD will develop
Note
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❓ If you got questions: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
Related publications
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.
✅ JOIN FREE TELEGRAM: t.me/trendlinefreetrade
❓ If you got questions: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
❓ If you got questions: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
Related publications
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.