EURUSD: Two Scenarios to Short ๐Ÿ‡ช๐Ÿ‡บ๐Ÿ‡บ๐Ÿ‡ธ

์Šค๋ƒ…์ƒท

Hey traders,

โš ๏ธEURUSD is trading in a bearish trend.
Reaching 1.113 - 1.119 support the price stopped falling and started to consolidate.

Here are two potential scenarios to catch a bearish continuation:

1๏ธโƒฃ - Consider a bearish breakout of 1.113 - 1.119 underlined support. To confirm the breakout we need at least a weekly candle close below. Then shorting on a retest our next goal will be 1.075 level.

2๏ธโƒฃ - In case of a bullish continuation, pay close attention to 1.16 - 1.176 supply cluster. Let the price reach that area first and then look for a confirmation to short.
Initial goal will be 1.12

โค๏ธPlease, support this idea with like and comment!โค๏ธ

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