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DA-WaveTrader
May 10, 2021 5:59 AM

EURUSD Sell Setup Short

FX:EURUSD60
Euro Fx/U.S. DollarFXCM

Description

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EURUSD Sell Setup

- look for sell for DXY reversal
- targeting range level 1.20800
- then aim for previous weeks low at range level 1.2000 towards 1.19800

Comment

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Careful with the EU sell
need further confirmation for the entry
as DXY potential one more down
tracking it now

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walk away for now unless further confirmation given
else it could go higher to 1.22000 or above

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now ready to look for sell

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In the trade

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Took partial profit and let it run, incase DXY goes one more down during New York session later
Risk free trade


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balance trade out and in again

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Took another partial profit

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Took all profit, trade closed
DXY potential reversing
Trend AnalysisEURUSDeurusdshorteurusdselleurusdsignaleurusdsetup
Comments
DA-WaveTrader
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DXY could be turtle soap and ready to take off
RobertoooK
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Do u think gbp cad will have a long pullback, or is it getting higher, hopefully?
RobertoooK
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I do have a very bad sell at 1.9971 😭😭😭
Must wait. But hopefully it will happen soon
DA-WaveTrader
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@robertoklinko, you need confirmation for entering the trade, dont simply jump into it without understand the setup
RobertoooK
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@DA-WaveTrader,

Well, that's the thing, I don't really. But hopefully u will give me the direction mate 🙄😏
DA-WaveTrader
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@robertoklinko, I've observed couples of your trades, sorry to say... you need a better trading system and plan in order to improve your trading,
you are putting your account in risk with the way you .trade
No hard feeling mate, just dont want to see anyone losing their account
RobertoooK
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@DA-WaveTrader,

U r absolutely right. I would like to follow someone like u. Just jeed to get out if this mess. About the gbpcad, I really was expecting good news from UK and had opened some trades different direction.
DA-WaveTrader
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@robertoklinko, remember I told you last week GC is bias up.. and as for now GBP might be going strong at least in mid term..CAD also should be weak for now
but you need to track it from time to time in order to know their move... hope it helps
RobertoooK
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I really want to believe that is true! 🙂
Hopefully u r right.
RobertoooK
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@robertoklinko,

Cool, thanks buddy! Loosing on this pair a lot.
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