EURUSD, H2
On the H2, EURUSD breaks below the crucial support zone, aligned with the 38.2 Fibonacci ratio. The Parabolic SAR indicator points dots above the price, and the DeMarker oscillator crosses the 0.700 line from above, indicating a bearish sentiment.
- Trade: Sell EURUSD
- TP: 1.0730.
Conclusion
In conclusion, trading CFDs carries inherent risks. Success in this field demands effective risk management. To minimize costly errors and capitalize on trading opportunities, it's crucial to conduct thorough due diligence and manage risks diligently.
