Hello traders,
As you have noticed EUR pairs are extremely overbought and altough theý are bullish now a retracement is always needed.
As this is a risky week to trade watch out for your risk managment and We are going for a moderate high RR ratio.
I have detected a bearish divergence on RSI on 2HR time frame and some movement down is expected.
I will update this trade soon!
Also i have now a FOREX SIGNALS Telegram Group, wich is FREE, on wich i provide multiple signals a day, news and provide you with Forex content.
If you are interested in joining my group for more trades like this, be sure to hit me up in my DMs or comment below!
As you have noticed EUR pairs are extremely overbought and altough theý are bullish now a retracement is always needed.
As this is a risky week to trade watch out for your risk managment and We are going for a moderate high RR ratio.
I have detected a bearish divergence on RSI on 2HR time frame and some movement down is expected.
I will update this trade soon!
Also i have now a FOREX SIGNALS Telegram Group, wich is FREE, on wich i provide multiple signals a day, news and provide you with Forex content.
If you are interested in joining my group for more trades like this, be sure to hit me up in my DMs or comment below!
Trade active
Note
+10 PIPSTrade closed: stop reached
EUR went against us this week... -43 pips we can easily recover!
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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.