Yahia.Awes
Short

Short EURUSD at resistance

FX:EURUSD   Euro Fx/U.S. Dollar
767 14 16
Major resistance here! Short for double bottom at green channel support. (Weekly)
snapshot

As you can see the weekly also has a bearish divergence which is lurking. Good R:R on this one, but money management is important too.

Related Ideas

Yahia.Awes
EURO so weak....
Yahia.Awes about EURGBP 15 11 months ago
Kadhijah
a year ago
follow your work,
thank you sir.
Reply
Yahia.Awes Kadhijah
a year ago
You're welcome, hope that it helps you.
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Yahia.Awes
a year ago
Lights camera's!!
Reply
Lanmar PRO
a year ago
Brilliant
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Yahia.Awes Lanmar
a year ago
Thanks
Reply
moneymaking
11 months ago
This is crazy mate. Right on dot, unbelievable. Great work :)
+1 Reply
Yahia.Awes moneymaking
11 months ago
Resistance, candle stick, divergence and guts is all you need. Thank you!
Reply
moneymaking Yahia.Awes
11 months ago
That's absolutely right. Pulling the trigger is what many traders lack.
+1 Reply
Yahia.Awes moneymaking
11 months ago
Yes but know your risk more than your potential gain.
+1 Reply
moneymaking Yahia.Awes
11 months ago
Yeah, it is all about controlling risk. We should pay less attention towards gains.
+1 Reply
Yahia.Awes moneymaking
11 months ago
Exactly, try to find setups with R:R ratio 1:4 minimum.
+1 Reply
moneymaking Yahia.Awes
11 months ago
I always aim for 1:2 or higher, if the market conditions are good :)
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Yahia.Awes moneymaking
11 months ago
Bro 1:2 I don't even look at, it's like gambling that ratio...
+1 Reply
moneymaking Yahia.Awes
11 months ago
Hehe :)
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