LeoYao
Short

EURUSD has dropped below a important resistance zone

FX:EURUSD   Euro Fx/U.S. Dollar
189 2 15
6 months ago
Hi if you checked my previous EURUSD             trade idea for Long Term Trader, we have earned a lot from there.

Now we watch closer to see what would happen to EURUSD             .
Based on daily chart (you can also see from 4h chart), EURUSD             has effectively breaks a important support zone. We just need one more daily bar closed below this zone then we have no worry to continue hold our previous short trade from 1.50000. Believe some of you have entered a better position than me, maybe almost 1.6000?
Congrats. :)
6 months ago
Comment: Modify: 1.15000 and 1.16000. Not 1.5000 and 1.6000.
6 months ago
Comment: Nice rejection around the resistance zone.
6 months ago
Comment: More than 70 pips drop.
6 months ago
Comment: retest the resistance again.
6 months ago
Comment: Nice drop. More than 100 pips earned.
6 months ago
Comment: if touch yellow zone again, can consider to short again as from Long term (based on month time frame), I short Eurusd.
For the others who trade my short term idea to long EURUSD in educational idea, please also take note the yellow zone.
forexmech
5 months ago
This same setup is now Long . Correct ?
Reply
LeoYao forexmech
5 months ago
this is too old, u can check my latest one.
Reply
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