Yuriy_Bishko
Short

EUR/USD Trading Plan

FX:EURUSD   Euro / U.S. Dollar
The price broke down Key Daily level 1.1529. On the chart you see how many times EURO bounced from that level.
It shows that big players have huge interest to move price down, Because if the price close under key level it is signal for short.

Also, why i think the price will move down
1. In 90% cases the price is move in cycles with 2 or 3 waves. There was only 1.

2. Daily candle close under key level.

3. There are low predictable risk.

4. Major currencies all together moves down.

S/L:1.1537
First goal is 1.1310. Second goal is 1.1230



P.S. Push like, write a comment and subscribe if you want to see more signals in the future.
I'll write when to open a Short if this post get 45 like.
Comment: Bearish reaction on NFP

Take a look on that fake up move when move started

Trade closed manually: H4 close upper key level 1.1530
close sell
situation is changed

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Learned from your chart hoping for more charts in future!!
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Bearish coming soon
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YuriyBishko, closed short after this bounce, with a small loss, any advice further?
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@jdani, I am out.

I think it is better to wait for another opportunity.
+1 Reply
jdani Yuriy_Bishko
@Yuriy_Bishko, thank you for youre advice, and good luck!
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I'm also short there. However remember that we have NFP today... I"m concerned about that.
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OrientalTrader MatheusCavalcanti
@MatheusCavalcanti, what's your take on NFP?
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Yuriy_Bishko OrientalTrader
@OrientalTrader, Do you see the reaction?
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Yuriy_Bishko MatheusCavalcanti
@MatheusCavalcanti, NFP doesn't drive economy. It powerfully works when the US has big unemployment.

Interest rate decision drive the markets at this moment.

Do you agree?
Reply
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