EURUSD - Under a retracement
Right now, this currency is under ranging correction between 1.191-1.17.
So, the logic is I will find a entry buy chance on 1.170-1.168 with target is 1.19.
But if market breakout 1.170-1.168 (1), market will go deeper in this retracement. And I will look for entry buy chance on 1.151 (2).
Another trading opportunity will also be appear if market keep ranging between 1.191-1.170. In this case, I also can short on 1.191 (3).
Those 3 scenario is available next week to trade.
-Jee
So, the logic is I will find a entry buy chance on 1.170-1.168 with target is 1.19.
But if market breakout 1.170-1.168 (1), market will go deeper in this retracement. And I will look for entry buy chance on 1.151 (2).
Another trading opportunity will also be appear if market keep ranging between 1.191-1.170. In this case, I also can short on 1.191 (3).
Those 3 scenario is available next week to trade.
-Jee
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.
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.