In this technical analysis I will walk you through the most important horizontal zones on EUR/USD at the moment that have given us great profits so far.
If you recall, the first trade using smaller horizontal zones resulted in a beautiful short as displayed in this idea
In combination with the weekday weekend effect, the price reversed beautifully. We are also entering a new week now so I expect a similar reversal to happen due to weekday weekend effect in confluence with the horizontal zone.
Then, we had a subsequent beautiful trade with the same horizontal zones as the idea I am posting now on the previous idea here with a long position
This just worked out beautifully. I intend to use these zones one more time for a trade that makes use of the scenario where the zones still hold. If it does, we're looking at a 250 pip opportunity here with great risk reward.
I tried to make the chart as self-explanatory as possible. In case you still have any questions, free free to leave a comment or send me a personal message.
-Trading-guru
If you recall, the first trade using smaller horizontal zones resulted in a beautiful short as displayed in this idea
In combination with the weekday weekend effect, the price reversed beautifully. We are also entering a new week now so I expect a similar reversal to happen due to weekday weekend effect in confluence with the horizontal zone.
Then, we had a subsequent beautiful trade with the same horizontal zones as the idea I am posting now on the previous idea here with a long position
This just worked out beautifully. I intend to use these zones one more time for a trade that makes use of the scenario where the zones still hold. If it does, we're looking at a 250 pip opportunity here with great risk reward.
I tried to make the chart as self-explanatory as possible. In case you still have any questions, free free to leave a comment or send me a personal message.
-Trading-guru
Thảo luận về những biến động và nói cùng nhau về thị trường giao dịch ở cộng đồng Telegram này nhé!
t.me/Vietnam100eyes
(bắt đầu từ tháng 2 - 2023)
t.me/Vietnam100eyes
(bắt đầu từ tháng 2 - 2023)
Related publications
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.
Thảo luận về những biến động và nói cùng nhau về thị trường giao dịch ở cộng đồng Telegram này nhé!
t.me/Vietnam100eyes
(bắt đầu từ tháng 2 - 2023)
t.me/Vietnam100eyes
(bắt đầu từ tháng 2 - 2023)
Related publications
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.