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DACapitalTrading
Aug 24, 2019 8:38 AM

EURUSD - EDUCATION - 24. AUGU. 2019 

Euro Fx/U.S. DollarFXCM

Description

1 HOUR
Very strong bullish reaction on friday.

4 HOUR
Bearish waving market with several pullbacks to the upside.

DAILY
Price overbought right now, good short entries and risk reward.

OVERALL
Waiting for a last push to the upside taking out several short holders with stops above
previous week/consolidation zone highs and expecting prices to push back to the downside afterwards.
I will update you about everything, be patient :)
Good luck

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Have a great week everyone!

ALAN

Comment

missed that one by two pips :/

Comment

Dont enter this one anymore, its invalid!
Comments
SamuelVarte
dont think its good to sell it will retrace and goes up
DACapitalTrading
@SamuelVarte, time will show mate
AAresearchFX
For short sellers sake, lower lows are always expected,,
DACapitalTrading
@AAresearchFX, Thanks for sharing with us!
AAresearchFX
@DACapitalTrading, thanks for sharing your forecast on buy/sell limits too... well appreciated!
DACapitalTrading
@AAresearchFX, sure :)
Alexander_Nikitin
nice idea.
DACapitalTrading
JoPlo1
Excellent, thank you for that.
DACapitalTrading
@JoPlo1, Thank you!
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