EURUSD – At the point where finnaly sellers will face off
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EURUSD – At the point where finnaly sellers will face off
Trend: Sell/ Neutral
Support/Resistance:
R4: 1.12649
R3: 1.11928
R2: 1.11730
R1: 1.11017
S1: 1.10840
S2: 1.08739
S3: 1.06702
Price action:
Overall eurusd trade is getting performance at very good potencial Bearish idea. Price close from previous weekly close on the bear edge. This means that sellers finnaly showing power, which will tell us what to do next. If the price will break 1.10840 Support level, then as a long bearish term, we can follow weekly analysis report and targets. If the price get declined then we still can see retracement from second resistance which is at 1.11730 level.
Potencial trade idea:
Bulls targets:
T1: 1.11730
Bears targets:
T1: 1.08739
T2: 1.06702
NOTE – We are trading EURUSD via the preferred trading setups by EliteFxAcademy
Disclaimer: Martin’s views on the Chart analysis is ment as a trading advice for education terms; Education terms include: trading consistency to everyone who is reading this blog; for every advance student and for every Elite student who is using this analysis for managing his equity by Elite strategy and custom indicator. This analysis is understandable and transparent for all Elite students. This is a free content which is based from Academy in term of transparency to support and following progress to everyone. We know that there is always possible way that market can pull you out even when you follow our analysis blog and advice for a trade. We don’t publish where you have to have your risk management – Stop Loss, because, it would not be fair to Elite members, who learned this techniques in our Elite course.
Keywords:
Elite strategy, Custom Indicator, Fundamental Analysis , Tehnical analysis, Price action, Advanced strategies, Trading Education
Good trading!
Elitefxacademy
Use our free analysis where you have everything you need for potencial trade ideas and profit.
EURUSD – At the point where finnaly sellers will face off
Trend: Sell/ Neutral
Support/Resistance:
R4: 1.12649
R3: 1.11928
R2: 1.11730
R1: 1.11017
S1: 1.10840
S2: 1.08739
S3: 1.06702
Price action:
Overall eurusd trade is getting performance at very good potencial Bearish idea. Price close from previous weekly close on the bear edge. This means that sellers finnaly showing power, which will tell us what to do next. If the price will break 1.10840 Support level, then as a long bearish term, we can follow weekly analysis report and targets. If the price get declined then we still can see retracement from second resistance which is at 1.11730 level.
Potencial trade idea:
Bulls targets:
T1: 1.11730
Bears targets:
T1: 1.08739
T2: 1.06702
NOTE – We are trading EURUSD via the preferred trading setups by EliteFxAcademy
Disclaimer: Martin’s views on the Chart analysis is ment as a trading advice for education terms; Education terms include: trading consistency to everyone who is reading this blog; for every advance student and for every Elite student who is using this analysis for managing his equity by Elite strategy and custom indicator. This analysis is understandable and transparent for all Elite students. This is a free content which is based from Academy in term of transparency to support and following progress to everyone. We know that there is always possible way that market can pull you out even when you follow our analysis blog and advice for a trade. We don’t publish where you have to have your risk management – Stop Loss, because, it would not be fair to Elite members, who learned this techniques in our Elite course.
Keywords:
Elite strategy, Custom Indicator, Fundamental Analysis , Tehnical analysis, Price action, Advanced strategies, Trading Education
Good trading!
Elitefxacademy
Comment:
following trending idea :)