π²Pair Name : EUR/USD π¨Time Frame : 4hrs βScale Type : Large Scale ------ π spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money
βοΈ Key Technical / Direction ( Short ) Type : Mid Term Swing βββββββββββ Bearish Break 1.08500 Area Reasons
- Major Turn level - Visible Range Lvn - Fixed Range Hvn - Pattern Break - AB = CD Reversal
Bullish Reversal 1.05500 Area Reasons
- Major Turn level - Visible Range Lvn - Major channel Upper Band - Fixed Range Value - Pattern Target
Comment
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EURCAD - 4hrs ( Down + 50 PIP / Tp 1 > Full Tp 150 : 300 PIP )
I started the short too early at 1.083 and carried on shorting to 1.092...starting to hold profits..I'm a crypto trader so applying similar strategy.. look I could be wrong but I'm still getting a feel of foreclosure hence me using a demo account. IL use a live account to buy or long from 1.02..that's my greedy targetπ
B33KaY-ZN
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@B33KaY-ZN, edit...not "foreclosure" was typing on mobile. meant im still getting a feel for forex hence me using a demo. lol hope now makes more sense. cheers
B33KaY-ZN
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yes I'm looking at higher time frame 4hr to daily..200ma is under 1.02 at this time. 1hr I think broke 50ma and 200ma..haven't checked it.
Omidfereydani
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eurusd sell ?!
B33KaY-ZN
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I agree on same but think it could roll to 1.02. I've taken a demo short trade from 1.083 to 1.092 holding for days or a week. if it plays out I'm going live with a long back to 1.15...that's my theory so far it's looking good. hope ur idea plays out too. I'm eager to trade forex bt still learning these markets. crypto was my only trade before.