EURUSD Speculation: Sell after Third Touch Rejection at Upper TL

Selling EURUSD at the 1.0980-1.1010 area if it gets rejected after the third touch at the Upper TL could be a viable plan in my opinion.

The recent recovery in EURUSD seems pretty weak and a drop to 1.0650 level is not out of the picture yet.

However, if EURUSD breaks the 1.10 area strongly then this set-up will no longer be valid.

تعليق:

EURUSD is slowly going towards the upper TL

تم فتح الصفقة:

Sold at 1.0977

تعليق:

Reversed from the Upper TL once again

تعليق:

Dropped more than 50 pips close to 0.5% after touching the Upper TL

تعليق:

The initial target has reached; more than 80+pips profit for traders who followed.

New set-up updated