Hi there,
EURUSD
is setting up for reversal. Watch lower time frame for buy the breakout and look for more upside. Clear break below and close below will change the bullish pattern. Good Luck.
When you try to take a position on the market, always study the chart from different points of view and never forget the 3 rules:
1st: Cuts losses!
2nd: Cuts losses!
3rd: Cuts losses!
NOTE: Looks like a corrective structure is making, still too early to tell but very soon we will see. If it is then buying the break out would be a NICE long-term position trade. For now, I am neutral.
NOTES:
- In either case, you should not risk more than 2%/3% of your asset.
- It does not matter if you lose a battle ... the important thing is to win the war!
If this analysis can be useful for you, leave a comment or LIKE!
Thank you for support!
EURUSD
is setting up for reversal. Watch lower time frame for buy the breakout and look for more upside. Clear break below and close below will change the bullish pattern. Good Luck. When you try to take a position on the market, always study the chart from different points of view and never forget the 3 rules:
1st: Cuts losses!
2nd: Cuts losses!
3rd: Cuts losses!
NOTE: Looks like a corrective structure is making, still too early to tell but very soon we will see. If it is then buying the break out would be a NICE long-term position trade. For now, I am neutral.
NOTES:
- In either case, you should not risk more than 2%/3% of your asset.
- It does not matter if you lose a battle ... the important thing is to win the war!
If this analysis can be useful for you, leave a comment or LIKE!
Thank you for support!
Comment:
Trade closed: target reached:
TARGET ONE IS HIT!