alfi77111

EURUSD 15min TimeFrame chart Analysis

Short
alfi77111 Updated   
OANDA:EURUSD   Euro / U.S. Dollar
Hello ;
Clearly in big Time Frames Trend is Bearish.
1.055 -- 1.05630 is the first strong SUPPLY zone . But there was a good reaction from there once so it is a used BASE and Risk for a second chance is high.
There is another zone upper in 1.058-1.05940 area. If price would touch there I will update my chart.
Breaking 1.05150 would open a new dropping scenario for the PAIR.
Trade active:
Hello
First Supply area acted well.
Breaking 1.054 was a key for dropping .
So any correction would be a chance for SELL.
Stop Loss :1.05630 T/P 1 :1.05250
Chart will be updated
Comment:
As I said , first supply area was used so it was risky. next one which now price is moving in it is much better one.
breaking 1.05716 is a confirmation for SELL position.
S/L: 1.05950 T/P:1.05550
Trade closed: target reached:
T/P has touched .It was an awsome Position.

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.