EURUSD aiming 1.1700 which is a perfect zone for a sell

EURUSD seems like is going to duplicate itself and the duplication level is indeed 1.1700. It also confluences with the D1 spike from August 25th. I believe this could be a great sell opportunity so follow the plan below.

Contents hide

1 EURUSD Technical Analysis:
2 Sell Entry:

EURUSD Technical Analysis:

D1 – double waves, strong resistance zone

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Sell Entry:

Wait for the pair to reach 1.1700 and break above it. Once we get a bearish candle pattern on the H4 chart, sell the pair. Protection should be placed above last high that will be created. As a first target aim 1.1500 then 1.1230

Yours,

Vladimir

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Vladimir Ribakov

Following 11+ years of trading experience, trading my own accounts as well as for hedge funds and brokerages, I have decided to fulfill my destiny and to personally mentor Forex and Commodities traders. When I released the “Broker Nightmare” (software that hides trades from brokers) 8 years ago, I found an overwhelming number of frustrated people who genuinely wanted to learn how to trade the Forex market, but instead found themselves scammed and misled. Over the years I have also release other trading systems based on my trading strategies, and met a lot of people on my worldwide Forex seminars. We’ve formed a close Forex community and we meet once or twice a year in various locations in Europe.