Long term just waiting to see if market can breakdown that would be a chance to Big SELL
But now trading concept is looking for channel trade, And Sell with small gap SL or Buy with A good prices.
Prices is tested demand & 50.0% of Fibonacci of Timeframe day, then the prices rebound to 2013
Resistance levels: 2015 - 2020
Support levels: 2002, 1992, 1982
EURUSD is downtrend and this situation the price is correction wave,
In sub wave I'm expect that end of wave 1 and the price going to be wave 2
Suggestion for trade
Short term :
Buy at the price : 1.05500
TP : 1.06100 - 1.06300
SL : 1.05200
Long term :
Sell at price zone : 1.06100 - 1.06300
TP 1 : 1.03750
TP 2 : 1.03000
SL : 1.07000
It’s look like expanding triangle pattern.
Inside structure correction ABC
And end of E wave in main structure, then the price will going down.
Strategy : Short sell (Looking for a good price to short sell)
Sell price : 0.75340
Sell price : 0.75800
Sell price : 0.76165
Stop loss : 0.76630
TP 1 : 0.73330
TP 2 : 0.72400
I’m just a rookie please discussing.
If you...
I guess AVAX going down for finish wave 2
Then we can short for short term
and prepare for buy when graph is end of wave 2
Short price : 86.5 (Now)
SL : 90
TP 1 : 82
TP 2 : 79
I'm just a rookie please suggest me.
Thank.
Nortz
