swissmoneymakers

EURUSD - Swing Trading - Short term and Mid term Trading

Short
FX:EURUSD   Euro / U.S. Dollar
Hi Traders!
Here is an idea for Short- and Mid-term Trader.

For the H4-Timeframe you can recognize a repititive pattern.
It is an ascending Trendline which finally gets broken.
This happened two times and the third ascending Trendline exists too.
The idea is to sell the break of the Trendline.

Now, here is the H1-Screenshot for the Short-term Trader:


Here you can see that the price just arrives at two important Levels:
- After the Breakout it retests the Trendline
- It arrives to the important Resistance Area

The idea is to sell the Turn-over at Resistance.


We recommend to trade in combination with candlestick patterns!



Thanks and successful Trading :)!

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.