Euro / U.S. DollarShort
EURUSD_WAVE_PATTERN_ANALYSIS
Hello traders
my outlook on eurusd
before we even consider the next trade, i expect price should break the previous demand zone(targeted low). if that happens it shows the suppy/sellers are still incharge of the market and we should expect a reversal into the supply level that was created on the last swing down then a move to create a lower lower
traders remember to treat forex trading like any university course as it is not casual as people make it look. you spend 4-5 years in a university studying and studying to get your degree, in those 5 years there are times when it was not rosy, it was hard and difficult, this same thing happens in forex, there are times it will be hard, you will lose but if you do not stop studying and practicing there will come a time when you will graduate with a degree from the school of money...
my outlook on eurusd
before we even consider the next trade, i expect price should break the previous demand zone(targeted low). if that happens it shows the suppy/sellers are still incharge of the market and we should expect a reversal into the supply level that was created on the last swing down then a move to create a lower lower
traders remember to treat forex trading like any university course as it is not casual as people make it look. you spend 4-5 years in a university studying and studying to get your degree, in those 5 years there are times when it was not rosy, it was hard and difficult, this same thing happens in forex, there are times it will be hard, you will lose but if you do not stop studying and practicing there will come a time when you will graduate with a degree from the school of money...
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.