Hello traders.
I just wanted to share my opinion on EUR/USD. I am just starting back trading from an almost 5 year break. I know I am super rusty lol. But it does feel great to be back active in the markets.
I am open to all comments questions or any advice to help improve my trading and help me get back in the swing of things
Here's what I found on this pair.
MONTHLY- Price was ranging from 1.10423 to 1.05676
So I expect price to go back down to the 1.05676 level and respect the support area.
Daily- First thing that caught my eye was a head and shoulders pattern. Also a uptrend line that had been broken. A new found down trend line was also formed.
I am looking for the head and shoulders pattern to complete & let price break through the neckline and retest.
I will be looking for entries on the retest on 4hour & 1 hour chart.
I AM OPEN TO ALL OPINIONS, QUESTIONS, COMMENTS & CONCERNS.
THANKS
I just wanted to share my opinion on EUR/USD. I am just starting back trading from an almost 5 year break. I know I am super rusty lol. But it does feel great to be back active in the markets.
I am open to all comments questions or any advice to help improve my trading and help me get back in the swing of things
Here's what I found on this pair.
MONTHLY- Price was ranging from 1.10423 to 1.05676
So I expect price to go back down to the 1.05676 level and respect the support area.
Daily- First thing that caught my eye was a head and shoulders pattern. Also a uptrend line that had been broken. A new found down trend line was also formed.
I am looking for the head and shoulders pattern to complete & let price break through the neckline and retest.
I will be looking for entries on the retest on 4hour & 1 hour chart.
I AM OPEN TO ALL OPINIONS, QUESTIONS, COMMENTS & CONCERNS.
THANKS