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EURUSD TRADE IDEA (AUGUST 9, 2023)

Short
Euro / U.S. Dollar (EIGHTCAP:EURUSD)  
MTAcademy  
EIGHTCAP:EURUSD   Euro / U.S. Dollar
Trend Analysis Wave Analysis Chart Patterns EURUSD-TRADE EURUSD eurusddaily eurusdoutlook eurusdprediction eurusdupdate eurusdpriceaction eurusdtrend
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trendanalysis waveanalysis chartpattern eurusd-trade eurusd eurusddaily eurusdoutlook eurusdprediction eurusdupdate eurusdpriceaction eurusdtrend
EURUSD TRADE IDEA (AUGUST 9, 2023)

EURUSD is currently trading within a falling channel.
snapshot

Price is on it's way to kiss the top of the channel at 1.0989-95 area.

A short position at this channel top will offer an amazing trade with great risk reward ratio.

Your 'Stop loss' should be at 1.1017, and your targets should be at:
1.0930, 1.0915, 1.0890, and lastly the channel bottom 1.0830.
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