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We're short

We're short | 03 Marzo 2023

03 Marzo 2023, EUR/USD

We're short

EURUSD has been on a downtrend since the beginning of this week. Currently, the market is in a corrective wave (ABC Corrective pattern), as we can see on the chart above the market formed an ascending channel from (1.0533) to (1.0691), the market has already broken below the lower trendline of this ascending channel, so this is the right time to sell, because its a, "reduced risk entry", you can place sell order now at (1.0578)with your profit target at (1.0438), place your stop loss at (1.0685).

Trade Recommendations:

We're short

Bob Stan
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