EURUSD has formed a LH and LL since January 2019. We have bearish on this pair with the following reasons:
1) Down trend with a series of LH and LL, EMA 50 and EMA 200 pointing down showing the bearish of this pair
2) 1.14 will act as a strong level of support turned resistance
Our trade analysis as follows:
EP: 1.1400
SL: 1.1545
TP: 1.1195
Best Regards,
Nour Capital - Tracking Smart Money Flow
Disclaimer:
The material (whether or not it states any opinions) is for educational purposes only, and does not take into account your personal circumstances or objectives. Nothing in this material is (or should be considered to be) financial, investment or other advice on which reliance should be placed. No opinion given in the material constitutes a recommendation by Nour Capital or the author that any particular investment, security, transaction or investment strategy is suitable for any specific person. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
1) Down trend with a series of LH and LL, EMA 50 and EMA 200 pointing down showing the bearish of this pair
2) 1.14 will act as a strong level of support turned resistance
Our trade analysis as follows:
EP: 1.1400
SL: 1.1545
TP: 1.1195
Best Regards,
Nour Capital - Tracking Smart Money Flow
Disclaimer:
The material (whether or not it states any opinions) is for educational purposes only, and does not take into account your personal circumstances or objectives. Nothing in this material is (or should be considered to be) financial, investment or other advice on which reliance should be placed. No opinion given in the material constitutes a recommendation by Nour Capital or the author that any particular investment, security, transaction or investment strategy is suitable for any specific person. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
Trade active:
EP has been triggered.
Trade active:
SL move to BE.
Trade closed: target reached:
TP Hit!