It's a beautiful morning here with me in South Africa, hope you're well, hello to you.
An update for the EURUSD.
We didn't get a confirmation the last time, and the longs were high risk. But always remember the 3 golden rules:
1. Never treat a setup as a trade.
2. Always use alerts, and confirm the alert. (It saves a lot, and reduces bad decisions)
3. Learn how to use oscillators, get to study them, and don't look for casino thrills in trading, because there is a low price and a high price, the open and the close...nothing random, just what is hidden.
The price is currently trading against the 0.99681 level and could potentially fall to two price targets. The overall trend is bullish, so this is a retracement in a bullish trend and has the potential to go all the way down to the 0.96500 area as it is open. The 0.98000 is a high-risk zone as it can either trap bears into thinking the bearish momentum continues or can encourage bulls to think it is a valid demand area. For that reason, EURUSD is a high-risk setup.
An update for the EURUSD.
We didn't get a confirmation the last time, and the longs were high risk. But always remember the 3 golden rules:
1. Never treat a setup as a trade.
2. Always use alerts, and confirm the alert. (It saves a lot, and reduces bad decisions)
3. Learn how to use oscillators, get to study them, and don't look for casino thrills in trading, because there is a low price and a high price, the open and the close...nothing random, just what is hidden.
The price is currently trading against the 0.99681 level and could potentially fall to two price targets. The overall trend is bullish, so this is a retracement in a bullish trend and has the potential to go all the way down to the 0.96500 area as it is open. The 0.98000 is a high-risk zone as it can either trap bears into thinking the bearish momentum continues or can encourage bulls to think it is a valid demand area. For that reason, EURUSD is a high-risk setup.
Comment:
As you can see. Nothing is Random. If you don't see it, you will gamble
Trade closed: target reached