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Fresh short position

One pro post about forex trading!
Finally at H1 chart EURUSD break below an ascending trend-line support near 1.3560. Traders should look for opportunity to initiate fresh short position for a downside momentum towards 1.3510-1.3505 zone.
However, any up-move beyond 1.3575 would probably negate the expected momentum and hence should be considered as stop-loss for the trade.
What you will do? I go short right now!
Happy trading day!
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harpe avatar
harpe 10 Oct

The pair is now trimming initial losses.

agddivisas avatar

Good Analysis!

ilonalt avatar
ilonalt 11 Oct

i'm also selling it

seediee avatar
seediee 11 Oct

Good! then we all took some profit! yeah! :)

sonjatrader avatar

good forecast

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