EUR/USD, Trading Plan.

Euro Fx/U.S. DollarFXCM

Description

⋅ Feb 1, 2019 8:15 AM

Price can make a down move to 1.1394 as a retest of buy zone
Near 1.1476 will be the safest place to open Sell with low risk

I think that price can move down because of huge absorption on the Daily chart.

Comment

⋅ Feb 1, 2019 11:01 AM

EUR/USD came close to a key level
I wait on a confirmation signal

Comment

⋅ Feb 2, 2019 10:21 AM

Comments

macroguru9

⋅ Feb 1, 2019 8:18 PM

Agree 100%

MR_P_TRADER

⋅ Feb 1, 2019 3:58 PM

Great analysis!

Yuriy_Bishko

⋅ Feb 4, 2019 5:44 PM

@boy_yob1, tanks

Roy93

⋅ Feb 1, 2019 9:08 AM

what is absorption meaning?

Yuriy_Bishko

⋅ Feb 1, 2019 12:01 PM

@Roy93, it is when 1 candle close previous candle "eat it"

lee_087

⋅ Feb 4, 2019 4:52 PM

How do you study that it may possibly retest the buying zone at 1.1394?
The first support I can see will be around 1.141 - 1.140 region.

Yuriy_Bishko

⋅ Feb 4, 2019 5:43 PM

@lee_087, the price is moving down to 1.1394 - 1.1410