Euro / U.S. DollarShort
EU Short Term Reaction
I'm expecting to see a short term downwards reaction on EU today.
Reasons:
- Test of 1h 200 EMA
- Retest of low created last Thursday
- Retest of psychological 1.07 level
- Expecting downwards move to retest 1W trendline
Trade set:
- Entry: 1.07
- Stop Loss: 1.071
- Take Profit: 1.066
- RR: 1:4
Will update specific entry, SL and TP as my order gets filled. Follow for more daily trade ideas.
Reasons:
- Test of 1h 200 EMA
- Retest of low created last Thursday
- Retest of psychological 1.07 level
- Expecting downwards move to retest 1W trendline
Trade set:
- Entry: 1.07
- Stop Loss: 1.071
- Take Profit: 1.066
- RR: 1:4
Will update specific entry, SL and TP as my order gets filled. Follow for more daily trade ideas.
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.