Euro / U.S. DollarShort
EURUSD_WAVE_PATTERN_ANALYSIS
GOOD DAY TRADERS
I believe that we can all agree that eurusd is a in a downtrend and all we should be expecting are sells(except for dare daring counter trend traders)
i am expecting price to reverse into previous level of supply(flip zones).
a flip zone is formed when price reacts to previous supply or demand zone and then breaks it leaving behind a supply zone i.e in the case of breaking a demand zone and vice versa.. note that flip zones have high probability of holding...
traders remember this
trading properly is aided by planning properly, a proper plan will reduce your chances of blowing accounts but a trader with no plan is set up for destruction...
we dont plan to fail, we fail to plan
have a great week
I believe that we can all agree that eurusd is a in a downtrend and all we should be expecting are sells(except for dare daring counter trend traders)
i am expecting price to reverse into previous level of supply(flip zones).
a flip zone is formed when price reacts to previous supply or demand zone and then breaks it leaving behind a supply zone i.e in the case of breaking a demand zone and vice versa.. note that flip zones have high probability of holding...
traders remember this
trading properly is aided by planning properly, a proper plan will reduce your chances of blowing accounts but a trader with no plan is set up for destruction...
we dont plan to fail, we fail to plan
have a great week
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