Euro / Dólar AmericanoViés de baixa
EURUSD Leading Diagonal will be the Start of a New Trend
Atualizado
If tomorrow, at the closing price in May,
the price does not break through 1.09000
and instead closes at 1.08400-1.08500,
then it is likely that the correction has ended and the price will continue its bearish trend.
This is the main reason why, in the update from my last post, I recommended closing buy positions.
The next question is where can we take a sell position?
If a reversal occurs after the price touches the Fibonacci area as I highlighted (red) in the chart, we can take a sell position,
the first target would be the price gap in the candlestick on May 9th.
good luck!!
the price does not break through 1.09000
and instead closes at 1.08400-1.08500,
then it is likely that the correction has ended and the price will continue its bearish trend.
This is the main reason why, in the update from my last post, I recommended closing buy positions.
The next question is where can we take a sell position?
If a reversal occurs after the price touches the Fibonacci area as I highlighted (red) in the chart, we can take a sell position,
the first target would be the price gap in the candlestick on May 9th.
good luck!!
Nota
the price reach our POI. waiting for a CHOC, quasimodo for the confirmation to sellNota
if today, the price manage to close below 1.07400-1.07500, then it's a good opportunity to take short on June. Good luck and Gb
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