tntsunrise
Short

EURUSD 1.0612 is the key.

FX:EURUSD   Euro Fx/U.S. Dollar
13323 42 200
EURUSD             1.0612 is the key.

We can see the price action when price hit into this zone.

What is that?

Rejection!

Conlusion: we can short EURUSD             as long as it didnt break
above this structure.

Fisrt Target is 1.0400
2ND Target is 1.00
Comment:
snapshot
Comment:
snapshot

win 60 pips
Comment:
snapshot
Join Projack's Student Group:
http://www.harmonicasia.com/index/course.html
Youtube:
https://www.youtube.com/playlist?list=PLN0GYK-_EO5Z3Xzp6Sk1bmfzckpkJ5NCx
FB: https://www.facebook.com/groups/projacksg/
QQ Group: 609224828
Hi jack, pleas might you give us an update ? This structure has been broken ?
Reply
Based mostly on Market Profile and Price Action (daily charts) the strongest levels for short swings are 1.0710 and 1.0765. Heavy volumes were traded between those levels (accumulation) followed by strong rejection of higher prices resulting into renewed sell-off. I think that the sellers will be active there again.
Only thing to watch out for is ECB meeting on Thursday. Basically anything can happen there and I won't be trading during this event.
You can see my analysis here:
EUR/USD swing based on Market Profile and Price Action
Reply
stop hit again..
Reply
Masta.. Still valid?
Reply
im still hopeful for a bullish usd but trend seems to point to breakdown of the dxy.. i hope you are right jack
Reply
I was in this sell and up 100 pips. Trade missed the suggested 1st TP, reversed, and stopped me out at a loss.
Reply
@kiwising, Why didn't you setup a SL on BE or little more after you got 100 pips? Better you learn the basics of trading.
Reply
Totally agree with you, you can also check this out:

EURUSD Box Break-out Performmance, Long-Term Price Speculation
Reply
thanks a lot.
Reply
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out