EURUSD, short term short opportunity. Short

Euro / U.S. DollarFOREX.com

Description

⋅ Mar 24, 2024 8:58 PM

EURUSD / 1D

Hello Traders, welcome back to another market breakdown.

EURUSD has been trading in a trading range, the price seems to have broken the trend line, expecting lower prices for the next week. I'll wait for the previous S/L level to get on this leg up.

Trade safely,
Trader Leo.

Trade active

⋅ Mar 28, 2024 1:36 PM

EU / 1D Update:

Trade closed: target reached

⋅ Apr 1, 2024 5:11 PM

Comments

ICmarkets

⋅ Apr 3, 2024 11:18 AM

That's an interesting way of drawing the rising trendline support. I was wondering, why use the body and not the wicks, if you don't mind me asking?

Leo-btm

⋅ Apr 3, 2024 11:28 AM

@ICmarkets I have used the tails. trend lines are just as confluence. main idea is broken support becomes resistance.

ICmarkets

⋅ Apr 2, 2024 10:12 AM

That's quite a nice way to draw the trend lines. Why did you use the body and not the wicks if you don't mind me asking?

Babenski

⋅ Apr 1, 2024 11:18 PM

Good chart

Leo-btm

⋅ Apr 5, 2024 10:35 AM

@Babenski appropriate it

linofx1

⋅ Mar 25, 2024 2:40 PM

Nice one

Leo-btm

⋅ Mar 26, 2024 6:31 PM

@linofx1 👍

Leo-btm

⋅ Mar 24, 2024 8:58 PM

What do you think traders?