EURUSD ANALYSIS- BYE BYE, UPTREND
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Hello traders!
Here are my thoughts on EUR/USD.
Recently, we have entered in strong downtrend on the weekly. Price has been creating H's and L's since.
On the daily, we can see that price is in strong downtrend. Once we broke through support area, we will wait for a pullback to enter a short position.
📈📉Trends:
⏳ Weekly- bearish
⌛️ Daily- bearish
🟣 Purple zone - Weekly key level
🔵 Blue zone - Daily key level
Trade will be taken only if all conditions were met.
Don’t forget to let me know your opinion on this in the comment section below! 💬 Sharing is caring! 👨👩👧👦
Have a wonderful and profitable day! ❤️
- ProfitalzTrading
Hello traders!
Here are my thoughts on EUR/USD.
Recently, we have entered in strong downtrend on the weekly. Price has been creating H's and L's since.
On the daily, we can see that price is in strong downtrend. Once we broke through support area, we will wait for a pullback to enter a short position.
📈📉Trends:
⏳ Weekly- bearish
⌛️ Daily- bearish
🟣 Purple zone - Weekly key level
🔵 Blue zone - Daily key level
Trade will be taken only if all conditions were met.
Don’t forget to let me know your opinion on this in the comment section below! 💬 Sharing is caring! 👨👩👧👦
Have a wonderful and profitable day! ❤️
- ProfitalzTrading
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