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Yelli_trades
Oct 25, 2023 9:29 AM

EURUSD becoming more clear. UPDATE Short

Euro / U.S. DollarFOREX.com

Description

☝️Dear traders, no one here has super powers, and I'm as well just a human. Please take everything with a degree of doubt and critique. I'm just sharing my view and one of the possible scenarios of price action. When I enter I try to predict as little as possible and actually follow what the market is doing, joining the market and not arguing with it or force my will. Have good trading, keep constant flow of self awareness and do your best.

Comment

keeps a relatively clear bearish movement toward a low of 1.0450. Many news today, so expect volatility, and confirm carefully

Comment

bearish pressure under 1.0600. Will look for clear confirms on LTF during next week for shorts. With that said, 1h, 4h are not perfectly clear. We are more inside a big rangy box, which I don't usually like

The most possible scenario IF 1.0600 is holding and bearish structure continue to hold on 15-30 min.

Comment

the move didn't sustain itself. Market is waiting for NFP. Back to chop-chop based on previous linked idea
Comments
financialfreedomgoals101
Agree with the short idea!
Yelli_trades
@financialfreedomgoals101, great, thanks for sharing your opinion. Let's see, lots of news today!!
Blaq_feyi
well done bro ..
you see what I'm seeing
Yelli_trades
@Blaq_feyi, great)
Blaq_feyi
I don't know if you noticed it formed a head and shoulders pattern ..
kindly check please ..
so I can know if I'm correct
Yelli_trades
@Blaq_feyi, sorry I'm not trading head and shoulders so will not advice on it :)
Blaq_feyi
alright thanks.
Arazmajeed
Perfect explanation very helpful
Yelli_trades
@Arazmajeed, appreciate your feedback!
EMA_Trading
Good work .
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