Euro / U.S. DollarShort
Lingrid | EURUSD High-Probability Shorting Opportunity
The price perfectly fulfilled my last idea. It hit the target. EURUSD is currently moving sideways following a significant bearish downturn in autumn. I believe the market will remain in this consolidation zone for a while, as it typically consolidates after such substantial movements. However, if the price retests the channel boundary and rebounds from it, there is a greater likelihood that it will move down, from the resisatnce zone and channel border within the major bearsih trend. My goal is support zone around 1.04300
EURUSD is currently moving sideways following a significant bearish downturn in autumn. I believe the market will remain in this consolidation zone for a while, as it typically consolidates after such substantial movements. However, if the price retests the channel boundary and rebounds from it, there is a greater likelihood that it will move down, from the resisatnce zone and channel border within the major bearsih trend. My goal is support zone around 1.04300Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
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