PULEMokhothu

EURUSD 1.18894 + 0.36 % SHORT IDEA * CONTINUATION PATTERNS

Short
FX:EURUSD   Euro / U.S. Dollar
Hey everyone

Hope everyone is good having a good one its still a new week lets see how it goes, Here's a look at the EURO / DOLLAR from the 4H

* The pair has been trading in that MEGAphone / descending channel respecting structure to an extent the structure has held.
* The pair has been trading around 1.19, up from the 2021 lows of 1.1836 as US ten-year yields fall from the highs above 1.60%.
* Looking for a retest of the base of structure before we see momentum shift with the bulls to the upside

* follow your entry rules on entries
* significant moves with the bears change the plan.
* TIGHT SL

lets see how it goes.
AS ALWAYS PROPER RISK MANAGEMENT AND A LOT OF PATIENCE & AGAIN many stars must align with the plan before executing the trade, kindly follow your rules.

HAPPY TRADING EVERYONE & LET YOUR WINS RUN...

_________________________________________________________________________________________________________________________

ENTRY & SL - FOLLOW YOUR RULES
RISK-MANAGEMENT
PERIOD - SWING TRADE

__________________________________________________________________________________________________________________________


If this idea helps with your trading plan kindly leave a like definitely appreciate it.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.