AlgoTradingGroup

EURUSD CONTINUING SHORT

Short
FX:EURUSD   Euro / U.S. Dollar
Good moring traders,

EURUSD H1 Potential🔻

Notice the heavy selling on the daily chart. We saw some retracement last week. Yesterday we saw increase in volume on selling, suggesting that institutions had sell orders placed where buy stops were trapped.

We remain bearish on this pair for now and bullish on DXY
Comment:
Waiting for the retracement on H1 to enter
Trade active
Comment:
SL moved to 1.05972. Posted in the channel earlier

Trade runnnig currently

Comment:
Moving SL to breakeven as market closing soon
Trade closed: target reached:
TP hit +2.05%
+41 pips


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