Hello Traders, welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe you can see that EurUsd just with last week's candle perfectly broke above a major previous weekly resistance area exactly at the $1.095 area. You can also see that the next potential weekly resistance is exactly at the $1.12 area, so I just do expect more continuation towards the upside from the current levels to then retest the next structure area before we might then see a short term correction.
On the daily timeframe you can see that EurUsd is currently perfectly retesting a previous daily resistance zone, which after last week's break is now turned support, so also from a daily perspective everything is pointing towards a next bullish impulse towards the upside.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
i want help plz if i open cent acoount in 600 usd then i open about random 100 trades in minimum lot 0.01 with out stop loss and keep loss trades open for week or monthes till they winning thats good strategy or finaly i loss money plz help me
ssssssssssanderson
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always set stop loss and no only have 1 to 2 trades
Great look at the situation with a good description! From a professional point of view it would be interesting to know in what order, what steps you use when analyzing an asset)
if i open cent acoount in 600 usd
then i open about random 100 trades in minimum lot 0.01 with out stop loss
and keep loss trades open for week or monthes till they winning
thats good strategy or finaly i loss money plz help me