FX:EURUSD   Euro/U.S. Dollar
319 15 24
LAST WEEK I POSTED A EURUSD             IDEA WHICH PROFITED VERY WELL FOR THOSE WHO FOLLOWED ME.
THIS WEEK I AM STILL BEARISH ON THIS PAIR.

SHORT @ HIGHER LEVELS.
CONDITIONS/RR NOW NOT FAVOURABLE FOR SELLING ALTHOUGH IT LOOKS LIKE A GOOD SUPPORT TURNED RESISTANCE ON H4.
BUT D1 RSI IS NOWHERE.
W1 SHOWS VERY BEARISH SIGNAL.
I WILL LOOK TO SHORT @ 1.129 (61.8%) OR 1.139 (88.6%)
DEPENDING ON PRICE ACTION.

LIKE THIS IDEA IF YOU WISH TO RECEIVE UPDATES.
NO UPDATES IF LESS THAN 20 LIKES.
ALL THE BEST.
UPDATE : TRADE LOOKING REAL GOOD. NFP COMING AHEAD. ADVISE TO CONTINUE HOLDING AS EURO IS WEAK ( OBVIOUS REASONS), AND OFTEN NEWS CAN REALISE SETUPS IMO. SETUP FOR EU IS OBVIOUSLY DOWN.
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UPDATE 1 :
TRADE GOING OUR WAY NOW. WITH H4 BEARISH ENGULFING BAR FORMED.
IM NOT IN IT AS MY ENTRY LIMIT WAS MISSED BY 10 PIPS :(,
BUT IM IN EURCAD SELL.

snapshot
+1 Reply
nezyrinfx PriceActionTrading
im in it..entry 15pips lower..
+1 Reply
Nice. All the best to you. Could be good long term trade.
+1 Reply
PriceActionTrading PriceActionTrading
Easy 200 pips for you? My fren.
+1 Reply
nezyrinfx PriceActionTrading
i have this trade idea for a very long time.
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nezyrinfx PriceActionTrading
was following it since Point B.
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nezyrinfx PriceActionTrading
keeping it till 1.0670.
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Nice 161.8 All the best.
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Yes W1 shows bearish, as posted last week. Im still not in on EURUSD trade.

Anyway on another note, EURCAD seems a good sell now.
Previous week bearish engulfing and currently trading near the high of last week.
With bearish trendline resistance confluence,

snapshot
+1 Reply
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