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arpitjain11
Feb 12, 2024 8:56 AM

EUR/USD SHORT "FOLLOWING THE STRUCTURE" Short

EUR/USDOANDA

Description

we are marking structure on 4h tf. eur/usd is making lower lows and lower highs indicating a downtrend and marking resistance on 4h tf. when London opens at 3 am EST 30m and 1h close below resistance. we are taking a short entry there. we have CPI, PMI, retail sales and multiple fed member speaks. monitor economic events closely and manage your position.

Comment

tomorrow is CPI @ 8:30am est. if trade is in profit book the risk amount only and SL @ BE. i think dxy bears and euro pump. lets see what can go wrong.
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