Hi guys, what do you think about this swing? For us, it is real possible. Now, we have to look at the market opening, if we see a first bearish leg, it might be interesting to take a short position on rebound (C) and follow the development of second leg (CD). So, from this evening, we will start following the pair only on H4 time frame trying to develop a clear setup (entry and stop). It is possible try to take long position (speculative) on support.
If you want to reward our work ... thank you for your " I LIKE " and trade with care!
![[EURUSD] CONSOLIDATION IN PLAY](https://tradingview.sweetlogin.com/proxy-s3/g/gRHugOxU_mid.png)
If you want to reward our work ... thank you for your " I LIKE " and trade with care!
Note
Note
Note
New high for eurusd during the first half of the session, and our choice to wait for the second bearish leg before taking a short position, seems to have been corrected. Now the pair perfectly works our resistance (see chart below). Let's see the next swing ...![[EURUSD] CONSOLIDATION](https://tradingview.sweetlogin.com/proxy-s3/l/lZHs73HN_mid.png)
Thank you for your support and trade with care!
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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.