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EURUSD – Sellers on continuation Weekly trending idea

Short
FX:EURUSD   Euro / U.S. Dollar
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EURUSD – Sellers on continuation Weekly trending idea

Trend: Sell/ Neutral

Support/Resistance:
R3: 1.10849
R2: 1.09938
R1: 1.09401
S1: 1.08796
S2: 1.06868

Price action:
Market on EURUSD currency pair is still more bearish then bullish. Bears already proven broken bullish zone on daily timeframe, which was very annoying but patiantly flow is following weekly trending idea to first support level at 1.08796 and it might go to fully potencial target at 1.06868 support level.

Potencial trade idea:

Bears targets:
T1: 1.08796
T2: 1.06868

NOTE – We are trading EURUSD via the preferred trading setups

Disclaimer: Martin’s views on the Chart analysis is ment as a trading advice for education terms; Education terms include: trading consistency to everyone who is reading this blog; for every advance student and for every Elite student who is using this analysis for managing his equity by Elite strategy and custom indicator. This analysis is understandable and transparent for all Elite students. This is a free content which is based from Academy in term of transparency to support and following progress to everyone. We know that there is always possible way that market can pull you out even when you follow our analysis blog and advice for a trade. We don’t publish where you have to have your risk management – Stop Loss, because, it would not be fair to Elite members, who learned this techniques in our Elite course.


Keywords:
Elite strategy, Custom Indicator, Fundamental Analysis , Tehnical analysis, Price action, Advanced strategies, Trading Education


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