EUR/USD -Approaching Resistances (update)
- EUR/USD has been flirting past sessions with broken support trendline,
being faced now as resistance .
Seems more like a decisive time for EUR/USD to make up its mind and
find direction, either gravitated to the upside (1.20) or downside(1.01)
Both scenarios attached below
Market Structure still intact with the series of Higher Lows and Higher Highs.
(Gold Zone level coincides with the most recent HL of uptrend, must hold to avoid 1.01)
TRADE SAFE
***Note that this is not Financial Advice .
Please do your own research and consult your own Financial Advisor
before partaking on any trading acitivity based
solely on this Idea.
being faced now as resistance .
Seems more like a decisive time for EUR/USD to make up its mind and
find direction, either gravitated to the upside (1.20) or downside(1.01)
Both scenarios attached below
Market Structure still intact with the series of Higher Lows and Higher Highs.
(Gold Zone level coincides with the most recent HL of uptrend, must hold to avoid 1.01)
TRADE SAFE
***Note that this is not Financial Advice .
Please do your own research and consult your own Financial Advisor
before partaking on any trading acitivity based
solely on this Idea.
Comment:
Comment:
$EUR/USD
Short given
200pips+
Short given
200pips+
Trade active:
It's been a fruitful summer-end shorting EUR/USD.
If it happens U missed this wave down, check the other ideas related to EUR/USD to not miss the next wave down
If it happens U missed this wave down, check the other ideas related to EUR/USD to not miss the next wave down
Comment:
Macro View for EUR/USD
Macro View for EUR/USD
Trade active:
EUR/USD
How much lower can it go ?
Overall its been a good Summer Shorting EUR/USD to say the least
Negative momentum has started to slow a bit,
finding technical base floor of support (1.04775 - 1.05300).
TP1 and TP2 hit (patience needed for other TP targets)
Meanwhile looking for Buy setups (swing)
while the main Trend REMAINS to South
until further Price Action confirmation (Market Structure) as Trend Shift Validation.
Do not be fazed by the recent jump on EUR/USD.
Main Trend remains Bearish with a Strong
DXY
printing 11 Consecutive Gren Weekly
Candlsticks.
How much lower can it go ?
Overall its been a good Summer Shorting EUR/USD to say the least
Negative momentum has started to slow a bit,
finding technical base floor of support (1.04775 - 1.05300).
TP1 and TP2 hit (patience needed for other TP targets)
Meanwhile looking for Buy setups (swing)
while the main Trend REMAINS to South
until further Price Action confirmation (Market Structure) as Trend Shift Validation.
Do not be fazed by the recent jump on EUR/USD.
Main Trend remains Bearish with a Strong
DXY
printing 11 Consecutive Gren Weekly Candlsticks.
SHORT call given