A possible retracement on EURUSD

In our analysis from yesterday we shared with you why is not a good moment to sell.
EURUSD below 1,1600! What now?


Today we stay aside of EURUSD, and we're focused on other instrument with more potential.

Here we can see price slowing down and loosing strength in this downside move, which means we should be looking at a retracement pretty soon.

We're not expecting a full reversal, therefore we won't be looking for buying opportunities. A possible pullback would mean a good levels to sell again.

So be patient and don't rush into short trades right, especially if you haven't made any profits on this move so far.

Good opportunities require patience!
breakoutEURpriceactionretracementsignalsSupply and DemandSupport and ResistanceTrend AnalysisUSD

✅ JOIN FREE TELEGRAM: t.me/trendlinefreetrade
❓ If you got questions: t.me/Semkov
💰 PAID SIGNALS AND ANALYSIS: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
Мои профили:

Похожие публикации

Отказ от ответственности