The micro EURUSD is in a confirmed trend change from bullish to bearish. The DXY is Bullish. Price has retested the new bearish trend line establishing a new bearish trend, creating a bearish trend trade setup. It is an opportunity to enter early at a good price.
Trade Ideas:
Take the next 240 candle short on a sell stop at 1.0948.
Stop at 1.0988 (above the wick on the engulfing candle to the left).
Target at 1.0860 just above support.
Set an alert at 1.0904 because of a small supply zone there. Trade will need close monitoring here.
Use at your own risk because only you own your risk.
Trade Ideas:
Take the next 240 candle short on a sell stop at 1.0948.
Stop at 1.0988 (above the wick on the engulfing candle to the left).
Target at 1.0860 just above support.
Set an alert at 1.0904 because of a small supply zone there. Trade will need close monitoring here.
Use at your own risk because only you own your risk.