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AlgoTradingGroup
Oct 4, 2022 7:46 AM

EURUSD WAITING TO SELL Short

Euro Fx/U.S. DollarFXCM

Description

Good morning traders.

Our last EURUSD idea got invalidated after it ran 1:1 RR in profits. However we didnt move our Stops to breakeven unfortunately. This takes us back to the charts analysing EURUSD on higher time frames. We now expect to sell EURUSD at 50% of daily FVG - approximately at price 0.9916 - 0.9945

We can also expect a sell from 0.9951

We are still in bearish structure on HTF. Price is also now at above 50% fib levels indicating premium pricing i.e. good area to sell at the right price

We will keep everyone posted as price moves

Trade closed: target reached

Trade 1: SL hit -1.00%

Trade 2: TP hit +4.00%

Trades sent in our channel

Comments
TheNewsCrypto
Agreed, thanks for sharing
AlgoTradingGroup
@TheNewsCrypto, Your welcome
RLinda
Good analysis)
AlgoTradingGroup
@RLinda, Thanks
KABHI_FOREX_TRADING
Great Analysis..Nice..Keep Rocking
AlgoTradingGroup
@vishvam-fx, Thanks
HAMED_AZ
thank you for sharing
AlgoTradingGroup
@HAMED_AZ, Your welcome
AlgoTradingGroup
Let us know what you think or have any questions
FOREXN1
@AlgoTradingGroup, Definitely agree here !
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