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.
Comments
PriceActionTrading
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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.
nezyrinfx
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im in it..entry 15pips lower..
PriceActionTrading
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Nice. All the best to you. Could be good long term trade.
PriceActionTrading
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Easy 200 pips for you? My fren.
nezyrinfx
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i have this trade idea for a very long time.
nezyrinfx
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was following it since Point B.
nezyrinfx
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keeping it till 1.0670.
PriceActionTrading
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Nice 161.8 All the best.
PriceActionTrading
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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,
lambathanh
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Yes , look at Weekly chart, EURUSD is being on BEARISH ! , there's just a bad news about Italian Prelim CPI m/m !
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.