EURUSD is one of the most traded Forex instruments with good volume activity.
If we look at the chart:
The market has been trading in the consolidation phase. Then it gave a breakout last week, 24th Feb. After that, the market has been in the range (1.07972 - 1.08576) bound situation.
Case 1: The market is going to be sideways unless it's broken to the...
Sept #3
Risk 0.5%
TP1 = 1:2 RR
Disclaimer:
The contents in this Idea are intended for information purpose only and do not constitute investment recommendation or advice. Nor are they used to promote any specific products or services. They serve as an integral part of a case study to demonstrate fundamental concepts in risk management under given market...
For me i am looking for short because of higher time frame analysis. Here is my short setup for this week, if you have no idea for this week just follow it's upto you. Wait for price to reach the upside zone in NEW YORK session then look for double top in that zone area(basically first candle rejected + next candle close below the zone+ again some retest rejection...
EURUSD Fibonacci retracement
first retracement at 1.09020 (38.20%),
second retracement at 1.08802 (50.00%),
third retracement at 1.08584 (61.80%),
200EMA Support at 1hour timeframe,
thank you.
Eurusd buy 1.06778
Sl 1.05200
Tp1 1.07574
Tp2 1.08224
Tp3 1.09029
Tp4 1.10329
Trade based on pure price action
The trade is for educational purposes only not a recommendation
