If you go on 4H you can see to the left in the last couple of months EurUsd has consistantly been making HH and it has been in an up trend, however on Monday market open price has made an important new leg and new Trading range was made. Not the strongest one yet, however suitable for looking for trades. On the rigth side of the screen you can see I where I have looked for a trade opportunity. If you zoom in on an 15 min time frame you can see great short opportunities today, 2 to be exact. Waiting for price to drop and take out the most recent low. Now there is more of a educational explenation while on 15min you can go and see what is happening into the region where the price is currently sitting at.
Blessings, T
Blessings, T
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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.