EUR/USD -Macro Resistance (update)

Aug 19, 2023

-Anticipating upcoming week to have some bullishness in price action,
looking for Technical Bounce at Trendline Support to long,
while remaining opened in Short Positioning regarding Macro and Higher Time Frames.

Every bounce may be short-lived,
so bear in mind this scenario when looking for your
next Short Opportunity on EUR/USD.
Maybe you'll enjoy having a trade open for months periods of times

tradingview.com/chart/?mind=nPK5g99CSROsnwm1a40yfg&symbol=OANDA:EURUSD

Aug 19, 2023

Note

Entry and Take Profits Zones
Shared as 'Minds' (link above)

TRADE SAFE !

Aug 27, 2023

Trade active

EEUR/USD - Breaking the first Support Trendline drawn on *W (tf)


Time to take some profits aside and let the future downfall take place

TRADE SAFE

Aug 27, 2023

Note

Candlestick version of Weekly( *W) close

Oct 2, 2023

Trade active

EEUR/USD
How much lower can it go ?


Negative momentum has started to slow a bit,
finding technical base floor of support (1.04775 - 1.05300).
TP1 and TP2 hit (patience needed for other TP targets)





Meanwhile looking for Buy setups (swing)
while the main Trend REMAINS to South
until further Price Action confirmation (Market Structure) as Trend Shift Validation.

Do not be fazed by the recent jump on EUR/USD.
Main Trend remains Bearish with a Strong DXY printing 11 Consecutive Gren Weekly
Candlsticks.

Overall its been a good Summer Shorting EUR/USD to say the least