Evening Traders,
Today’s analysis – EURUSD – trading in a clear range with defined boundaries, a range low test is probable,
Points to consider,
- Price Actin Impuslsive
- Range High Resistance
- Range Low Objective
- Low Volume
EURUSD’s immediate price action is trading at a key resistance, the range high, this allows for a bearish bias.
The current objective is the range low, testing this level is like when a deviation occur on increasing volume.
Overall, in my opinion, EURUSD is a valid short with defined risk, price action is to be used upon discretion/ management,
Hope this analysis helps,
Thank you for following my work
And remember,
“Sheer will and determination is no substitute for something that actually works.” – Jason Klatt
Today’s analysis – EURUSD – trading in a clear range with defined boundaries, a range low test is probable,
Points to consider,
- Price Actin Impuslsive
- Range High Resistance
- Range Low Objective
- Low Volume
EURUSD’s immediate price action is trading at a key resistance, the range high, this allows for a bearish bias.
The current objective is the range low, testing this level is like when a deviation occur on increasing volume.
Overall, in my opinion, EURUSD is a valid short with defined risk, price action is to be used upon discretion/ management,
Hope this analysis helps,
Thank you for following my work
And remember,
“Sheer will and determination is no substitute for something that actually works.” – Jason Klatt
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Telegram: t.me/freetradingden 🔥
Unlock Blofin Bonuses
Trade with perks & support the community!
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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.
Join the Free Trading Group
Telegram: t.me/freetradingden 🔥
Unlock Blofin Bonuses
Trade with perks & support the community!
partner.blofin.com/d/alchemisttrader 🎁
Stay sharp, trade smart.
— Team The Alchemist ⚔️
Telegram: t.me/freetradingden 🔥
Unlock Blofin Bonuses
Trade with perks & support the community!
partner.blofin.com/d/alchemisttrader 🎁
Stay sharp, trade smart.
— Team The Alchemist ⚔️
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.