Trendline, prioritizing bearish signals

⭐️Smart investment, Strong finance

⭐️EUR/USD INFORMATION:
European Union’s (EU) Trade Commissioner, Valdis Dombrovskis, addressed the audience at Tsinghua University in Beijing on Monday. During his speech, he emphasized the significance of the economic relationship between Europe and China. However, Dombrovskis also pointed out that there is room for improvement on China's part to alleviate certain concerns and risks felt by Europe.

Additional quotes
"Their ambiguity allows too much room for interpretation.”

"This means European companies struggle to understand their compliance obligations: a factor that significantly decreases business confidence and deters new investments in China."

This comes after the EU has long complained about a lack of level playing field in China and the politicization of the business environment.

⭐️Personal comments NOVA:
Sideway trendline decreases in price in the H4 frame, there are psychological resistance areas for reasonable SELL and BUY entries

⭐️SET UP EUR/USD PRICE:

🔥SELL EUR/USD zone: 1.06380 - 1.06500 SL 1.06900
TP 1: 1.05900
TP2: 1.05500

🔥SELL EUR/USD zone: 1.06900 - 1.07000 SL 1.07350
TP1: 1.06400
TP2: 1.05900


⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order.

⭐️NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
- The winner is the one who sticks with the market the longest

Comment:

+ 25 pips , from entry 1.06500

Comment:

+ 50 pips , from entry 1.06500

Comment:

+ 100 pips from entry SELL 1.06500