Instaforex Nigeria | And there was a massacre!

Posted on Nov 22, 2021 at 04:00 PM
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And there was a massacre!

Hello there! There’s a massacre going on somewhere that requires your own jury to do justice...

EUR/USD AGAIN

Since the beginning of the last Quarter of 2021, EUR/USD has been steadily dropping, reminding us of the popular nursery rhyme “London Bridge is Falling Down”.

Effectively since Tuesday, 19^th of October, 2021, the pair has done a staggering 405 pips. See my H1 Charts below:

my_charts_1

In fact, there’s more interesting stuff.

In November 2021 alone, the pair delivered its best performance of 345 pips; an average of 170 pips every week just SELLING the EUR/USD pair. Again, see my H1 screenshot below.

my_charts_2

WHAT’S MORE

The pair is still thirsty to go down some more 120 pips, targeting the 1.1180 Support level. This implies means that SELL opportunities abound.

my_charts_3

Now, I don’t know what your account balance reads but that’s free money for you on the table if you’re a Forex Trader. Go ahead to crosscheck with your strategy now and find your entry as it goes down again.

Goodluck smashing all the profits!

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