We analyze EURUSD every day. During last month, price was trading in a range without making any major moves on the lower timeframes,
therefore we don't have any decent trading opportunities.
However, we should see a clear direction soon and we will try to get in at the right moment.
That's why we move up to the H4 timeframe where we could see things a bit better.
We're trading in a clear downtrend and below a resistance zone.
We also expect to see market reaching that zone and possibly rejecting it. This is what we will use as our entry.
Targets will be a breakout of previous low at 1,1190!
Follow us, to see the development!
therefore we don't have any decent trading opportunities.
However, we should see a clear direction soon and we will try to get in at the right moment.
That's why we move up to the H4 timeframe where we could see things a bit better.
We're trading in a clear downtrend and below a resistance zone.
We also expect to see market reaching that zone and possibly rejecting it. This is what we will use as our entry.
Targets will be a breakout of previous low at 1,1190!
Follow us, to see the development!
✅ JOIN FREE TELEGRAM: t.me/trendlinefreetrade
❓ If you got questions: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
❓ If you got questions: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
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.
✅ JOIN FREE TELEGRAM: t.me/trendlinefreetrade
❓ If you got questions: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
❓ If you got questions: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
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.