KaltoireCapital

EUR/USD Short-term Trade setup

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KaltoireCapital Uppdaterad   
FX:EURUSD   Euro / USA-dollar
Dear traders, I publish a long-term 500 Pip Swing Trading set-up on EUR/USD yesterday which is already running with 70 pips profit(long-term idea attached below).
In this idea, I am going to discuss a short-term trade set-up on EUR/USD.

Price action analysis shows that bears are dominating the scheme of things in EUR/USD. So, we should trade in the direction of the bears.

In the hourly chart, EUR/USD has a high chance of dropping to 1.1165 or even 1.1120. This gives short-term traders the opportunity to make 80-120 pips by selling EUR/USD at current market price.
Kommentera:
Trade is running in 40 pips profit which is great for a short-term trade
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