STORMSolutionsFX

#EURUSD Sell idea

Short
STORMSolutionsFX Updated   
OANDA:EURUSD   Euro / U.S. Dollar
Honorable Traders,
Greetings to you all.
It is with great pleasure that we present our incisive analysis of the EURUSD. Our meticulous scrutiny has yielded the following insights:
• Short-Term Outlook: We anticipate a bullish correction.
• Mid-Term Forecast: A continuation of the bearish trend is expected.
• Long-Term Perspective: The trajectory seems poised for sustained growth, underscoring the importance of a forward-looking investment strategy.
In light of these projections, we propose a tactical approach as the price gravitates towards the pivotal point 1.0809, signaling an opportune moment for a calculated sell transaction.
Proposed Entry Points:
• Position: Sell
• Initial Entry: 1.0809
• Stop-Loss (SL): 1.0829
• Take-Profit Targets (TP1 & TP2): 1.06
We urge you to exercise prudent risk management and capital allocation, as the realm of trading is fraught with uncertainties and potential setbacks.
May your trades be fruitful and your endeavors prosperous.
Comment:
Be careful guys. If correction start confirmed, you can buy.
Trade active:
Ok guys, it appears that the correction has begun. If you have entered into a buy trade, you can set your stop loss at 1.0587.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.