EURUSD, Forecast on H4: Sell
Order cancelled:
EUR opened with an upthrust, so we have no confirmation or signal on selling it. Comparing to my note on Telegram that we should not trade on Monday morning, so it's easy for you that we need to take no action for the pair and keep observing price for further updates
There is less likely on this next H4 candle there is engulfing one appear. It's better to stay out for observing
EUR opened with an upthrust, so we have no confirmation or signal on selling it. Comparing to my note on Telegram that we should not trade on Monday morning, so it's easy for you that we need to take no action for the pair and keep observing price for further updates
There is less likely on this next H4 candle there is engulfing one appear. It's better to stay out for observing
Comment:
Currently DXY is on support, so EUR will correct its early morning uptrend a bit till DXY confirms
Comment:
It is likely to retest 1.1410
Comment:
We can wait to sell from 1.1427-1.1447 from lower TF if there are any signals (screen and trade yourself)
Stoploss as 1/3 from what you expect to take profit.
We can wait to sell from 1.1427-1.1447 from lower TF if there are any signals (screen and trade yourself)
Stoploss as 1/3 from what you expect to take profit.
Comment:
It touched exactly our expected zone to sell as last update
It touched exactly our expected zone to sell as last update
Comment:
This is textbook trade
This is textbook trade
Comment:
Move SL, take partial profit
Move SL, take partial profit
Trade closed: target reached