TradingManagr

TradingManagr

H4 descending Trend has been broken, maybe a pullback around 1.1278 then long 1.1350 or 1.1400

TradingManagr

EURUSD bounced on M30 resistance, going down to 1.1280.

TradingManagr

EURUSD is getting close to moving average 50 and upper border of the descending funnel. Could be a very good time to sell!

TradingManagr

Long above 1.1385: The long entry has more probability and risk ratio is higher. It could go straight to 1.1440/50. Short below 1.1331 : It could bounce on the highest top at 1.1375 and revisit 1.1331...if this support breaks we go to 1.1315/1.1300.

TradingManagr

Current range should break very soon. TP : 20 pips SL : 10 pips Ratio 2:1

TradingManagr

Wait for a clear breakout of the current descending funnel for going long. The analysis is not valid if the price bounces on the upper band and reverse, going down. TP 1 : MM200 around 1.0920 TP 2 : Last support at 1.0942 SL : Below last low at 1.0865